Help Save & Edt Problem 12-21 Preference Ranking of Investment Projects (L012-5) 2 The management of Revco Products is exploring four different investment opportunities. Information on the four projects under study follows: Projet Nu (270,000) ${450,000) $(360,000) (480.000 Tavertinant required Prement value of cash inflows at & LDN discount rate Not present value Lite of the project Internal rate of return 336.140 $ 66,140 6 years 522,970 72,970 1 year 433,400 $3,400 $ 557 2701 $ 27.220 6 year 168 12 years 18 195 149 wrences 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 avaliable projects. Required: 1. Compute the project profitability index for each Investment project. 2. Rank the four projects according to preference, in terms of net present volue, project profitability Index and internal rate of return Complete this question by entering your answers in the tabs below. Requindd 1 Required 2 Compute the project profitability index for each investment project. (Round your answer to 2 decimal places) Project Profitability Index 2