Doobey, Incorporated, has just formed a new division, and the following four investment opportunities are available to the division. The firm requires a minimum return of 8 percent. Investment Opportunity Income Investment 1 57,600 640,000 2 75,000 600,000 3 60,000 1,000,000 4 59,500 850,000 Required: a. Calculate the return on investment (ROI) for each investment opportunity. b. C. If you were the division manager and you were evaluated based on ROI, which investment opportunity would you accept? If you were president of Doobey, Incorporated, which projects would you want the division to accept?