Information on four investment proposals is given below: Investment required Present value of cash inflows Net present value Lite of the project Investment Proposal A 3 c D $(350,000) $ (110,000) $(130,000) 5 (2,250,000) 491,800 152,400 199,500 3,004,600 $ 141,800 $ 42,400 $ 69,500 $ 754,600 5 years 6 years 7 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 Proference A B D