Information on four investment proposals is given below. 175 points Investment Proposal D Investment required $(270,000) $ (90,000) $(180,000) $(2,800,000) Present value of cash inflows 393,500 127, 100 151,300 3,738,500 Net present value $ 123,500 $ 37,100 $ 51,300 $ 938,500 Life of the project 5 years 7 years 6 years 6 years eBook Required: 1. Compute the profitability index for each investment proposal. (Round your answers to 2 decimal places.) 2. Rank the proposals in terms of preference. Hint Investment Profitability Proposal Index Rank Preference B D