Two proposed projects require a common input, so no more than one may be chosen. Those projects are: Nonconventional Conventional Mutually exclusive Independent

What is the profitability index for this proposed project if the required rate of return is 13%?

Year Cash Flows 0 -1,000,000 1 300,000 2 400,000 3 300,000 4 700,000

What is the internal rate of return for this project? Year Cash Flows 0 -1,000,000 1 200,000 2 400,000 3 300,000 4 700,000