$4.$ Consider the following table that shows expected annual cash flows from a proposed investment. The

annual required return is $8\%.$

Year Cash Flow

$0$$$60$

$1$ $$90$

$2$$$31$

$1)$ What is the NPV$?2)$ What is the profitability index? $3)$ What is the IRR? $4)$ What is the modified

internal rate of return $($MIRR$)$ using the discounting approach? $5)$ What is the MIRR using the

reinvestment approach? $6)$ What is the MIRR using the combination approach?