Exercise 14-11 (Algo) Preference Ranking of Investment Projects [LO14-5] Oxford Company has limited funds available for investment and must ration the funds among four competing projects. Selected information on the four projects follows: Investment Present Value of Life of the Project Project Required Cash Inflova (years) Internal Rate of Return A $ 180,000 $ 269,323 7 15% B $ 130,000 $ 242,000 12 20 C$100,000 D $160,000 $ 200,035 $ 278,136 7 3 199 189 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.