LMN Corp. is analyzing a project with the following cash flows:

• Initial investment: $700,000
• Expected returns:
  • Year 1: $150,000
  • Year 2: $160,000
  • Year 3: $170,000
  • Year 4: $180,000

Requirements:

1. Calculate the NPV at a 9% discount rate.
2. Find the payback period.
3. Determine the IRR.
4. Compute the profitability index (PI).