Consider the below estimated cash flows for Project A. Assume the cost of capital is 8%.

Year	Project A
0	($30,000)
1	$8,000
2	$9,000
3	$7,000
4	$10,000

10. Find the Profitability Index (PI) of Project As projected cash flows.

a.	0.07
b.	0.93
c.	1.13
d.	0.73
e.	-0.93

11. Find the Modified Internal Rate of Return (MIRR) for Project As projected cash flows.

a.	13.3%
b.	8.0%
c.	6.2%
d.	5.1%
e.	3.5%