Question: Robben Manufacturing has the following two possible projects. The required return is 10 percent. Year ProjectY Project Z 0 27,900 59,000 17,500 30,000 15,500 28,000

 Robben Manufacturing has the following two possible projects. The required return

Robben Manufacturing has the following two possible projects. The required return is 10 percent. Year ProjectY Project Z 0 27,900 59,000 17,500 30,000 15,500 28,000 13,900 12,300 14,700 10,300 2 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.) Profitability index Project Y Project Z 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.) NPV Project Y Project Z c. Which, if either, of the projects should the company accept? (Click to select)

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