Life of Internal the Rate Net Investment Present Project of Project Required Value (years) Return $850,000 $522,9269 $670,000 $357,779 14 $550,000 $235,783 $750,000 $242,8245 249 198 20 22% D The net present values above have been computed using a 10% discount rate. The company wants your assistance in determining which project to accept first, second, and so forth. Required 1. Compute the project profitability Index for each project 2. In order of preference, rank the four projects in terms of net present value, project profitability index and internal rate of return Required 1 Required 2 Compute the project profitability index for each Project Profitability Project Index ESROR Required 1 Required 2 In order of preference, rank the four projects in terms of net present value, project profitability index and internal rate of return Project Net Present Profitability of Return Internal Rate Value ndex First preference Second preference Third preference Fourth preference