Your company has extra cash which it would like to use to invest into something new and profitable. There are two mutually exclusive projects under consideration. Project #1 will require an initial investment of $560, and the present value of all of its future estimated profits is $480. Project #2 will require an initial investment of $480, and the present value of all of its future estimated profits is $380. Based on this information, answer the following questions. (a) For Project #1, the Profitability Index equals places, for example, 1.23 (b) For Project #2, the Profitability Index equals places, for example, 1.23 (c) Based on the Profitability Indexes, your company should reject) Project #1 and . Round to TWO decimal Round to TWO decimal (type accept or reject) Project #2. (type accept or