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XYZ Manufacturing has the following two projects. The required return is 12 percent YearProject YProject Z 0-$47,600-$81,000 1 23,900 34,000 2 18,600 32,800 3 20,700

XYZ Manufacturing has the following two projects. The required return is 12 percent

YearProject YProject Z

0-$47,600-$81,000

1 23,900 34,000

2 18,600 32,800

3 20,700 30,500

4 14,600 27,300

Find the profitability index and NPV for each project and what is the project should be accepted?

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