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Robben Manufacturing has the following two possible projects. The required return is 11 percent. Year 0 Project Y $ 27,300 13,300 11,700 14,100 9,700 Project
Robben Manufacturing has the following two possible projects. The required return is 11 percent. Year 0 Project Y $ 27,300 13,300 11,700 14,100 9,700 Project Z $ 53,000 20,500 24,000 18,500 22,000 a. What is the profitability index for each project? (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.) Profitability index Project Y Project Z b. What is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) NPV Project Y Project Z c. Which, if either, of the projects should the company accept? (Click to select)
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