Oxford Company has limited funds available for investment and mustration the funds among four competing projects. Selected information on the four projects follows: Project Life of Net the Internal Present Project Rate Value (years) of Return $266, 702 7 $272,603 12 $271,478 7 213 $162,514 3 2 ex Investment Required $850,000 $745,000 $700,000 $9ee,eee B C 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 2 Compute the project profitability project. (Round your answers to 2 decimal places.) Project Project Profitability Index D Oxford Company has limited funds available for investment and mustration the funds among four competing projects. Selected information on the four projects follows: Project Investment Required $85e,eee $745,000 $7ee, eee $900, be Life of Net the Internal Present Project Rate Value (years) of Return $266,702 7 19% $272,603 12 17% $271,478 21% $162,514 3 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. Complete this question by entering your answers in the tabs below. 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. Net Present Project Profitability Index Internal Rate of Return Value First preference Second preference Third preference Fourth preference