Information on four Investment proposals is given below. Investment required Present value of cash Inflows Investment Proposal AR $ (190,000) S(180,000) $(170,000) $(900,000) 267,400 249,400 259,300 1,197,500 Net present value $ 77,400 $ 69,400 $89,300 $ 297,500 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.) Project Investment Profitability Proposal Index lolo 2. Rank the proposals in terms of preference. ODCBA BCAD ABCD CABD