Oxford Company has limited funds available for investment and must ration the funds among four competing projects. Selected information on the four projects follows: Life of Intenal Rate Net the Project of Returrn (years) (percent) Project Required $840,000 $665,000 $540,000 $740,000 $387,050 18% 19% 21% 13 $180,225 $179,300 The net present values above have been computed using a 10% discount rate. The ompany wants your assistance in determining which project to accept first, second, and so forth. Required 1. Compute the project profitablity index for each project. (Round your answers to 2 decimal places.) Project B. 2 In order of preferenco, rank the four projects in terms of net present value,project proftablity index and internal rate of return. Project Net Present Profitability of Return Internal Rate Value ndex First preference Second preference Third preference Fourth preference