Exercise 7-11 (Static) Preference Ranking of Investment Projects [LO7-5] Oxford Company has limited funds available for investment and must ration the funds among four information on the four projects follows: The net present values above have been computed using a 10% discount rate. The company wants 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 ind mpany has limited funds available for investment and must ration the funds among four competing projects. Sele in on the four projects follows: esent values above have been computed using a 10% discount rate. The company wants your assistance in detern ject to accept first, second, and so forth. the project profitability index for each project. of preference, rank the four projects in terms of net present value, project profitability index and internal rate of ret