NPV-Mutually exclusive projects Hook Industries is considering the replacement of one of its old metal stamping machines with each are shown in the following table: The firm's cost of capital is 14% s Hook Industries is considering the replacement of one of its old metal stamping machines Three t machines are under consideration. The relevant cash flows associated 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 u sing Pl. a. The NPV of press Ais SD (Round to the nearest cent)