Oxford Company has limited funds available for investment and must ration the funds among four competing projects. Selected information on the four projects follows: Net Investment Present Life of the Project Internal Rate Project Required Value (years) of Return ABC $910,000 $252,330 6 19% $700,000 $204,129 11 16% D $610,000 $130,198 $830,000 $186,322 6 17% 4 20% 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. (Round your answers to 2 decimal places.) Project Project Profitability Index A B D < Required 1 Required 2 > 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. First preference Second preference Third preference Fourth preference Net Present Value Project Profitability Index Internal Rate of Return < Required 1 Required 2 >