The management of Revco Products is exploring four different investment opportunities. Information on the four projects under study follows Investment required $(420,000) $(370,000 $(270,000) $(390,000) 456,754 360,232 Present value of cash inflows at a 10% discount rate Net present value Life of the project 360,232 507,200 $ 115,480 86,754 $ 90,232 $117,200 4 years 535,480 7 years 20% 7 y ears 18% 14 years 14% Internal rate of return 23% 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.) Project Profitabili Index