Question: if you could show work please NPV-Mutually exclusive projects Hook Industries is considering the replacement of one of its old drill presses. Three alternative replacement


if you could show work please
NPV-Mutually exclusive projects Hook Industries is considering the replacement of one of its old drill presses. Three alternative replacement presses arc under consideration. The relevant cash flows associated with each are shown in the following table: The firm's cost of capital is 15%. Calculate the net present value (NPV) of cash press. Using NPV, evaluate the acceptability of cash press. Rank the presses from best to worst using NPV. Calculate the profitability index (PI) for each press. Rank the presses from best to worst using PI
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