Information on four investment proposals is given below: B Investment Proposal C Investment required Present value of cash inflows Net present value $ (150,000) 211,500 $ 61,500 $ (200,000) $ (180,000) 275,600 $75,600 274,100 $94,100 Life of the project 5 years 7 years 6 years Required: D $ (2,600,000) 3,470,500 $ 870,500 6 years 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 B C D