33 The management of Revco Products is exploring four different investment opportunities. Information on the four projects under study follows: Project Number 3 $ (370,000) 1 2 4 4,5 $(570,000) Investment required (500,000) (340,000) points sh inflows at a Pr 366,546 11% discount rate 603,219 584,233 385,015 33,219 84,233 15,015 S 26,546 Net present value Life of the Internal rate of return 6 ye yea year ye 135 14 eBook Because the company's required rate of return is 11%, a 11% discount rate has been used in the present value computations above. Limited funds are available for investment, so the company can't accept all of the available projects Print Required: 1. Compute the project profitability index for each investment project. 2. Rank the four projects according to preference, in terms of net present value, project profitability index and internal rate of return. References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the project profitability index for each investment project. (Round your answers to 2 decimal places.) Project Profitability Index 1 2 3 4