The management of Revco Products is exploring four different investment opportunities. Information on the four projects under study follows: ect Number Investment required Present value of cash inflows at a 10% discount rate Net present value Life of the project Internal rate of return $ (410,000) 479,050 S 69,050 6 years (360,000) $ (260,000) (380,000) 326,625 55,654 $66,625 67,660 6 years 2 415,654 12 years 447,660 3 years 16% 13% 18% 20% 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.) ProjectIndex Profitability 2 4