4 Information on four investment proposals is given below: Investment Proposal A B C D Investment required $ (130,060) $(140,000) $(150,000) $(1,260,060) Present value of cash inflows 185, 600 193,800 228,600 1, 681, 100 10 Net present value $ 55,600 $ 53,800 $ 78,600 $ 421, 100 points Life of the project 5 years 7 years 6 years 6 years 8 01:59:24 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. Investment Project Rank Proposal Profitability Preference Index A B C D