Project I Project Y Project 2 Initial investment $ 49,369 $ 29,336 $ 59,366 Annual cash inflows 25,369 19,336 25,466 PU of cash inflows 45,369 33,336 ?9,366 Required: 1. 'Compute the payback period for each project and rank order them based on this criterion. 2. Compute the NF'iif of each project and rank order them based on this criterion. 3. Compute the profitability index of each project and rank order them based on this criterion. 4. lfJennings has limited funds to invest, which ranking should Jill recommend? Required 1 Required 2 Required 3 Required Compute the payback period for each project and ran Note: Round your answers to 2 decimal places. Payback Period Rank Project X Project Y Project ZRequired 1 Required 2 Required 3 Required 4 Compute the NPV of each project and rank order them based on th NPV Rank Project X Project Y Project ZCompute the profitability index of each proje Note: Round your answers to 2 decimal place PI Rank Project X Project Y Project Z