Information on four investment proposals is given below. Investment Proposal Investment required (150.000) $200.000) $180,000) $12,600.000) Present value of cash 211.500 275.600 274,100 3,470.500 Inflows Net present value $61.500 $ 75,600 $ 94,100 $ 870.500 Life of the project 5 years 7 years 6 years 6 years Required: 1. Compute the project profitability Index for each Investment proposal. (Round your answers to 2 decimal places.) Answer is complete but not entirely correct. Investment Proposal Project Profitability Index (0.41) (0.73) (0.52) (0.33) 2 Rank the proposals in terms of preference BCADO CABD DCBA ABCD