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 $(270,000) $(90,000) $(100, 000) $(2,800,000) 393,500 127, 100 151,300 3,738,5ee $ 123,500 $ 37,100 $ 51,300 $ 938,500 7 years 6 years 6 years 5 years Required: 1. Compute the project profitability index for each investment proposal. (Round your answers to 2 decimal ple 2. Rank the proposals in terms of preference. Investment Proposal Project Profitability Index Rank Preference A B D