21 Oxford Company has limited funds available for investment and must ration the funds among four competing projects. Selected information on the four projects follows Life of points Net theInternal Investment Present Proiect Rate Project Required Value (years) of Return $810,000 $249,772 $650,000 $214,263 13 $510,000 $178,053 $710,000 $154,572 18% 16% 19% 22% 8 The net present values above have been computed using a 10% discount rate. The company wants your assistance in determining which project to accept first, second, and so forth. Required 1. Compute the project profitability index for each project. 2. In order of preference, rank the four projects in terms of net present value, project profitability index and internal rate of return. Answer is not complete Complete this question by entering your answers in the tabs below Required 1Required 2 In order of preference, rank the four projects in terms of net present value, project profitability index and internal rate of return Net Present Value Project Profitability Index nterna Rate of Return First preference Second preference Third preference Fourth preference Required 1 Required 2