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Able Corporation has Project A with the following cash flows and a 6.8% cost of money: Numbers in parentheses are outflows. Both Year 0 and

Able Corporation has Project A with the following cash flows and a 6.8% cost of money: Numbers in parentheses are outflows. Both Year 0 and Year 3 cash flows are outflows. Year 0 1 2 3 4 5 6 Cash flow $-351,000 $95,000 $180,000 $-300,000 $280,000 $260,000 $180,000

What is the modified profitability index (two decimals)?

What is the modified internal rate of return (two decimals)?

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