Oxford Company has limited funds available for investment and mustration the funds among four competing projects. Selected Information on the four projects follows: the Project Life of Net Internal Investment Present Project Rate Required Value (years) of Return $960,000 $500,181 $725,000 $251,830 16% 3660,000 $437,550 9 25% 5860,000 $206,209 5 19% 22x B 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 Complete this question by entering your answers in the tabs below. Required 1 Required In order of preference, rank the four projects in terms of net present value, project profitability Index and internal rate of return. Net Present Value Project Profitability Index Internal Rate of Return First preference Second preference Third preference Four preference