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A project has an initial investment of $150,000. Its four year cash inflows are estimated to be $50,000 in year 1, $80,000 in years 2

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A project has an initial investment of $150,000. Its four year cash inflows are estimated to be $50,000 in year 1, $80,000 in years 2 and 3. and $50,000 in year 4. If the rate of return is 12%, calculate the project's Profitability Index What is the internal rate of return for a project with the following cash flows? Year 0 Cash Flow -$69,000 $35,500 $28,000 $21,500 2

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