Information on four investment proposals is given below Investent required Present value of cash inflows Net present value Life of the project Thement Proposal D 5 (720,000) (160.000) (AN0,000) 5(1,560,000) 1,013,000 221 198) 27001400 $ 293,200 $ 61,800 $ 65,9005 521,400 5 years 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 B D