Information on four investment proposals is given below: Investment required Present value of canh inflows Net present value Life of the project Investment Proposal B D $(94,000) $ (104,000) $(74,000) $(126,000) 141,000 153,920 100, 640 194,040 $ 47,000 $ 49,920 $ 26,640 $ 68,040 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.) 2. Rank the proposals in terms of preference. Investment Proposal Project Profitability Index Rank Preference B D