3 Exercise 13-5 Preference Ranking (LO13-5) 12.5 points Information on four investment proposals is given below: X 04:54:21 Investment required Present value of cash inflows Net present value Life of the project Investment Proposal A B D $(300,000) $(140,000) $(100,000) $11,500,000) 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 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. Print Investment Proposal Project Profitability Index Rank Preference A References B D