Profitability Index: Using WACC as the discount rate (10%) computer the Profitability Index on the following Initial Investment-$400,000 Projected 5 year Cash Flows 1.$125,000 2.$200,000 3.$195,000 4.$100,000 5.$125,000 Required a)Compute the Profitability Index. b)Does the project merit further review? Justify answer c)Cite an advantageldisadvatage assoicated with the Profitability Index Method d)lf WACC is the discount rate, What do the following PI's represent? Pl1