Exercise 14-11 (Algo) Preference Ranking of Investment Projects (L014-5) Oxford Company has limited funds available for investment and mustration the funds among four competing projects. Selected information on the four projects follows: Present Life of Value of the Internal Investment Cash Project Rate Project Required Inflows (years) of Return A $200, eee $294,323 7 B $137, $267. eee 12 215 C $184, eee $225, 235 7 20% $167, eee $3e3, 136 3 16% 194 The net present values should be 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 profitability index for each project 2. In order of preference, rank the four projects in terms of net present value. profitability Index, and internal rate of return