13 Information on four investment proposals is given below: .76 pints Investment required Present value of cash inflows Net present value Life of the project Investment Proposal $(300,000) $ (140,000) $ (100,000) $ (1,500,000) 424,800 191,700 151,100 2,001,700 $ 124,800 $ 51,700 $ 51,100 $ 501,700 5 years 7 years 6 years 6 years eBook Hint Print Required: 1. Compute the project profitability index for each investment proposal. (Round your answers to 2 decimal places.) 2. Rank the proposals in terms of preference. References Investment Proposal Project Profitability Index Rank Preference