Question 10: You are evaluating a real estate development project with the following cash flows: T0: $ -1,200,000 T5: +350,000 T1: +150,000 T6: +350,000 T2: +200,000 T7: +400,000 T3: +300,000 T8: -250,000 T4: -250,000 T9: +550,000 Using a discount rate of 6%, what is the NPV of this project? What is the IRR? What is the Profitability Index? Another, competing project has an NPV of $76,211.12, an IRR of 9.13%, and a Profitability Index of 0.268. Which project will you choose and why?