1. Use the following information to answer the next four questions.

   The cash flows for two mutually exclusive projects are shown in the following table. Investors require a 7% rate of return for each project.

   Year	Cash Flows: Project C (in millions)	Cash Flows: Project D (in millions)
   0	-160	-160
   1	-35	50
   2	50	40
   3	50	40
   4	-20	-30
   5	90	60
   6	95	60

   Find the profitability index for project D. Round intermediate steps and your final answer to four decimals.

1. Which project or projects would you take based on the profitability index?

   		C
   		D
   		C&D
   		You'd be indifferent between accepting and rejecting C or D
   		None of the above

1. Find the crossover rate. Round your final answer to four decimals and enter it in decimal format (.XXXX)

1. Find project C's MIRR.

   		8.1254%
   		7.1504%
   		6.1257%
   		9.3264%
   		None of the above