= Homework: Chapter 10 Homework Question 5, P10-10 (simi.. Part 1 of 15 HW Score: 11.11%, 1 of 9 points O Points: 0 of 1 Save NPV-Mutually exclusive projects Hook Industries is considering the replacement of one of its old drill presses. Three alternative replacement presses are under consideration. The relevant cash flows associated with each are shown in the following table: The firm's cost of capital is 15%. 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 (PI) for each press. e. Rank the presses from best to worst using PI. Data table (Click on the icon located on the top-right comer of the data table below in order to copy its contents into a spreadsheet.) a. The NPV of press Ais S. (Round to the nearest cent.) Press A 585,300 Press C $129,900 Initial investment (CF) Year (t) 1 2 3 4 5 6 7 $17,700 $17.700 $17.700 $17,700 $17,700 $17,700 $17.700 $17.700 Press B $59.800 Cash inflows (CF) $11,600 $13.600 $16,300 $17,800 $20,500 $25,500 $50,400 $29,900 $19,800 $19,800 $20,500 $30,100 $39,600 $49,500 Print Done