Question: Coore Manufacturing has the following two possible projects. The required return is 11 percent Year Project Z -$60,000 0 1 Project Y -$28,000 14,000 12,400

Coore Manufacturing has the following two possible projects. The required return is 11 percent Year Project Z -$60,000 0 1 Project Y -$28,000 14,000 12,400 14,800 10,400 . WN 17,000 31,000 15,000 29,000 4 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.) 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.) C. Which, if either, of the projects should the company accept? a. Project Y Project 2 b. Project Y Project 2 c. Accept project

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