Oxford Company has limited funds available for investment and must ration the funds among five competing projects. Selected information on the five projects follows: Investment Net Present Project Required Value Life of the Project (years) A $470,000 $139,700 7 B 378,000 129,100 12 486,000 110,900 7 572,000 490,000 220,100 3 (41,100) 6 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, which to accept second, and so on. Required: 1. Compute the profitability index for each project. (Round your answers to 2 decimal places.) Project Profitability Index A BCD E