Information on four investment proposals is given below: Investment Proposal 10 points eBook Investments 290.000) $ (140,000) $ (290,000) $ (140,000) $ (60,000) $ (1,300,000) required Present value of 421,200 196,500 94,300 1,734,600 cash inflows Net $ 131,200 $ 56,500 $ 34,300 $ 434,600 value Life of the 5 years 7 years 6 years 6 years project Hint Ask Print Required: 1. Compute the project profitability index for each investment proposal. (Round your answers to 2 decimal places.) 2. Rank the proposals in terms of preference. References Project. Rank Investmenprofitabil byeference Proposal Index