NPV Mutually exclusive projects Hook Industries is considering the replacement of one of its old metal stamping machines Thres atmathe replacement machines are under consideration. The cast to th each are shown in the following table The firm's cost of capital is 10% a. Calculate the not present value (NV) 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 Initial investment (CF) Year (t) 1 2 5678AWN 3 4 Machine A $85,000 $17,700 $17,700 $17,700 $17,700 $17,700 $17,700 $17,700 $17,700 Machine B $59,500 Cash inflows (CF?) $12,500 $14,300 $16,000 $18,500 $20,300 $25,200 - - Machine C $130,400 $50,500 $29,500 $19,600 $19,700 $20,400 $29,700 $40,100 $49,900