. Use the NPV method to determine whether McKnight Products should invest in the following projects Project A Costs $275,000 and offers eight annual net cash inflows of $54.000 McKnight Products requires an annual return of 12% on investments of this nature Project 3 Costa $385.000 and offers 10 annual net cash inflaws of 575.000 McKnight Products demands an annual return of 10% on investments of this nature, Click the icon to view Present Value of S1 table) (Click the icon to view Prodent Value of Ordinary Annuity of table) Read the recents Requirement 1. What is the NPV of each project? Assume neither project has a residual value Round to two decimal ploom (Enter any factor amounts to three decimal places XX negative not present value) Caculate the NPV (not present value) of each project Begin by calculating the NPV of Project A Project A Net Cash Annuity PV Factor Present Years Inflow fl-12%.1-8) Value 1.3 Present value of annully 0 Investment Not present value of Project Calculate the NPV of Project Net Cash Annuity PV Factor Inflow (-10%, 10) Present Value Project Yours 1.10 Present va ofanity 0 Investment Net pretend value of Project B Requirement. What is the maximum acceptable price to pay for each project Maximum Acceptable Price Proje Pro Requirement 3. What is the profitability index of each project? (Round to two decimal places, XXX.) Select the formula, then enter the amounts to calculate the profitability Index of each project, N Profitability Index Project ProjedB Choose from any list or enter any number in the input fields and then continue to the next