NPV-Mutually exclusive projects Hook Industries is considering the replacement of one of its old metal stamping machines. Three alternative replacement machines are under consideration. The cash flows associated with each are shown in the following table: The firm's cost of capital is 10% Data Table a. Calculate the net present value (NPV) of each press. b. Using NPV, evaluate the acceptability of each press. c. Rank the presses from best to worst using NPV. d. Calculate the profitability index (PI) for each press. e. Rank the presses from best to worst using PL (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) a. The NPV of press A is $ (Round to the nearest cent.) The NPV of press B is S (Round to the nearest cent.) Machine A $85,500 Machine C $129,500 Initial investment (CF) Year (t) The NPV of press C is $ (Round to the nearest cent.) b. Based on NPV, Hook Industries should Machine B $60,200 Cash inflows (CF) $12, 100 $13,500 $15,500 $18,400 $20,500 $24,800 1 2 3 4 5 6 V press A. (Select from the drop-down menu.) Based on NPV, Hook Industries should $18,300 $18,300 $18,300 $18,300 $18,300 $18,300 $18,300 $18,300 press B. (Select from the drop-down menu.) $50,400 $30, 100 $19,600 $20,400 $20,100 $30,200 $39,600 $49,900 Based on NPV, Hook Industries should press C. (Select from the drop-down menu.) 7 8 c. In ranking the presses from best to worst, V is the number 1 investment. (Select from the drop-down menu.) is the number 2 investment. (Select from the drop-down menu.) is the number 3 investment. (Select from the drop-down menu.) Print Done Enter your answer in each of the answer boxes