NPV Mutually exclusive projects Hook Industries is considering the replacement of one of its old metal stamping machines Three amative replacement machines are under consideration. The cash fl each are shown in the following table The firm's cost of capital is 10% a. Calculate the not 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 (P) for each press e. Rank the presses from best to worst using Pl Machine A Machine B Machine C Initial investment (CF) Year (t) 1 $85,000 $59,500 $130,400 Cash inflows (CF+) $17,700 $12,500 $50,500 2 $17,700 $14,300 $29,500 3 $17,700 $16,000 $19,600 4 $17,700 $18,500 $19,700 5 $17,700 $20,300 $20,400 6 $17,700 $25,200 $29,700 78 $17,700 - $40,100 $17,700 - $49,900