TUOMI) NPV-Mutually exclusive projects Hook Industries is considering the replacement of one of its old metal stamping machines. Three alternative replacement machines are under consideration. The relevant cash flows associated with each are shown in the following table: The firm's cost of capitalis 12% a. Calculate the net present value (NPV) of each press b. Using NPV, evaluate the acceptability of each press a. The NPV of press Ais (Round to the nearest cent.) (Round to the nearest cent) The NPV of press Bis 5 The NPV of press Cis (Round to the nearest cent Enter your answer in each of the answer boxes 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. Calculate the profitability index (PI) for each press. e. Rank the presses from best to worst using PI. a. The NPV of press A is $ . (Round to the nearest cent.) The NPV of press Bis $ . (Round to the nearest cent.) The NPV of press C is $ (Round to the nearest cent.) Enter your answer in each of the answer boxes. Homo No 1 Initial investment |$84,700 $60,000 $129,800 2 Year 1 $18,100 $11,600 $49,900 2 $18,100 $14,000 $29,600 3 $18,100 $16,400 $20,000 4 $18,100 $17,600 $20,000 5 $18,100 $19,900 $20,100 6 $18,100 $24,900 $30,000 S 7 $18,100 $0 $40,400 8 $18,100 $0 $50,500