.A project costs $1200 and has cash flows of $500 for the first two years and $1000 in years 3 and 4. What is the payback period of the project?

3. Suppose a project costs $1900 at time 0 and produces cash flows of $800 over each of the following three years. What is the IRR of the project?

4. What is the profitability index of the following investment if the required return = 13%? Find the MIRR.Year Cash Flows 0 -$10,000 1 6,000 2 2,000 3 2,000 4 5,000