• Initial Outlay: $2,500,000
• Year 1: $1,000,000
• Year 2: $1,200,000
• Year 3: $1,500,000
• Year 4: -$500,000

Requirements:

1. Calculate the IRR.
2. Determine the NPV using a discount rate of 11%.
3. Evaluate the project’s profitability index.
4. Assess the project’s viability considering a required rate of return of 11%.