calculate tbe profitability index

The management of Revco Products is exploring four different investment opportunities Information on the four projects under study follows: Project Number Investment required S (400,000) $ (350,000) S (250,000) S (370,000) 443,800 442 440 440 10 years 530,740 303,280 Present value of cash inflows at a 10% discount rate Net present value Life of the project 5 years years 4 years Internal rate of return 22% 16% 18% 19% Because the company's required rate of return is 10%, a 10% 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. Required 1. Compute the project profitability index for each investment project. (Round your answers to 2 decimal places) Answer is complete but not entirely correct. oject Prof 1.33 0 1.26 126 1.21 120