Calculate the (a) net present value (NPV),(b) profitability index (PI), and (c) internal rate of return (IRR) for Projects 1 and 2 (cash flows shown below), assuming a required return of %11%.

Year	Project 1	Project 2
0	-$380	$430
1	$170	$180
2	$160	$170
3	$160	$110
4	$330330	$350350

a.What is the NPV of Project 1? $____(Round to the nearest cent.)

What is the NPV of Project 2? $__(Round to the nearest cent.)

b. What is the PI of Project 1? ___(Round to two decimal places.)

What is the PI of Project 2? ___ (Round to two decimal places.)

c. What is the IRR of Project 1? __%(Round to two decimal places.)

What is the IRR of Project 2? __% (Round to two decimal places.)