Question: NPV - Mutually exclusive projects Hook Industries is considering the replacement of one of its old metal stamping machines. Three allernative replacament machine3 are under

NPV - Mutually exclusive projects Hook Industries is considering the replacement of one of its old metal stamping machines. Three allernative replacament machine3 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. Calcuiate the profitability index (Pl) for each press. e. Rank the presses from best to worst using PI. Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.)
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