This Question: 1 pt 8 of 10 (0 complete) This Test: 10 pts possible o NPVMutually exclusive projects Hook Industries is considering the replacement of one of its old metal stamping machines. Three alternative replacement machines are under consideration. The relevant cash flows associated with each are shown in the following table: The firm's cost of capital is 10% Data Table x 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 (Pl) for each press. e. Rank the presses from best to worst using Pl. (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) a. The NPV of press Ais $. (Round to the nearest cent. The NPV of press B is $ (Round to the nearest cent.) Machine A $85,200 Initial investment (CF) Year (t) The NPV of press C is $ (Round to the nearest cent.) 1 b. Based on NPV, Hook Industries should V press A Based on NPV, Hook Industries should Machine B Machine C $59,900 $129,800 Cash inflows (CF) $12,400 $50.000 $14,500 $29,800 $16,500 $20,400 $18,200 $19,800 $19.600 $19,700 $25,500 $29,800 $39,500 $49,800 2 3 4 5 6 7 8 press B. $17,500 $17,500 $17.500 $17,500 $17,500 $17,500 $17,500 $17,500 Based on NPV, Hook Industries should press C c. In ranking the presses from best to worst, IS Enter your answer in each of the answer boxes. Print Done