Information on four investment proposals is given below: Investment required Present value of cash inflows Net present value Life of the project Investment Proposal B D $ (989,880) $(170,000) $(90,880) $(1,430,000) 1,263,600 233, 4ee 136,500 1,908,300 $363,600 $ 63,400 $ 46,500 $ 478,300 6 years 6 years 5 years 7 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 Dreu 2 of 6 Ne