Robben Manufacturing has the following two possible projects. The required return is 10 percent.

Year	Project Y			Project Z
0	$	27,900		$	59,000
1		13,900			17,500
2		12,300			30,000
3		14,700			15,500
4		10,300			28,000

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	$