Information on four investment proposals is given below: A Investment required Present value of cash inflows Net present value Life of the project $ (430,000) 633,500 $ 203,500 5 years Investment Proposal B D $ (70,000) $ (80,000) $ (2,850,000) 98,700 124,400 3,804,200 $ 28,700 $ 44,400 $ 954,200 7 years 6 years 6 years 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. Investment Profitability Proposal Index Rank Preference A Second B Third U First D Fourth