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 C D $(184,000) $(114,000) $(84,000) $(141, 800) 162,240 150, 480 199,200 197, 400 $ 58,248 $ 36, 480 $ 25,200 $ 56,400 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 C D nenu