You are considering building a shopping mall. The initial investment is

$1.47

million. The cash flows are

$400,000

for year 1,

$300,000

for year 2,

$190,000

for year 3, and

$100,000

for year 4. What are the net present value (NPV) and profitability index (PI) of the project if the cost of capital is

12%?

Compute the internal rate of return (IRR) for the project.

What is the NPV of the shopping mall?

$nothing

(Round to the nearest cent.)

What is the PI of the shopping mall?

nothing

(Round to two decimal places.)

What is the IRR of the shopping mall?

nothing%

(Round to two decimal places.)