A) You heard that an empty warehouse will be going up for sale soon and you are considering buyin git to expand your business. You estimate that it will provide monthly payments of $59454 for 9 years. If the cost of capital is 14.94%, and the warehouse costs $3400913, what is the Profitability Index?

B) You are working as Chief Financial Officer for your friend's start-up business. She has asked you to evaluate a project that costs $67971. She estimates the project will have cash flows of $25778 in year 1, $43155 in year 3 and $44151 in year 6. You estimate a required return of 14.06%. What is the PI of the project?