TUTU S al 1) NPV-Mutually exclusive projects Hook Industries is considering the replacement of one of its old drill presses. Three alternative replacement presses are under consideration. The relevant cash flows associated with each are shown in the following table: The firm's cost of capital is 14%. 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 PL a. The NPV of press Ais $ . (Round to the nearest cent.) X Data Table repla fid e ta w (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) D Press A $85,300 Press C $129,700 W Initial investment (CF) Year (t) Rd Press B $59,800 Cash inflows (CF) $12,000 $13,500 $16,000 $17,500 $19,500 $25,100 $17,900 $17,900 $17,900 $17,900 $17,900 $17,900 $17,900 $17,900 WN- $49,500 $29,700 $19,700 $20,500 $19,700 $29,900 $40,200 $49,500 00 O verb Print Done