Question $3$

$1$ pts

A project has an initial outlay of $$1,406.$ The project will generate cash flows of $$653$ in Years $1-4.$ What is the profitability index $($PI$)$ of this project? Assume an interest rate of $20\%.$

Note: Enter your answer rounded off to two decimal points.

Question $4$

$1$ pts

A project has an initial outlay of $$1,000.$ The project will generate cash flows of $4.00$ in Years $1-3$ and cash flows of $$200$ in Years $4-6.$ What is the IRR of this project?

Note: Convert your answer to percentage and round off to two decimal points. Do not enter $\%$ in the answer box. If your answer is negative, do enter the negative sign.