Oxford Company has limited funds available for investment and must ration the funds among four competing projects. Selected information on the four projects follows: Project B c D Investment Required $ 870,000 $680,000 $570,000 $770,000 Life of Net the Internal Present Project Rate Value (years) of Return $269, 397 6 208 $304, 429 11 1986 $121,661 6 178 $245, 189 4 245 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 index for each project. (Round your answers to 2 decimal places.) Project 1. Compute the project profitability index for each project. 2. In order of preference, rank the four projects in terms of net p Complete this question by entering your answers in the tal Required 1 Required 2 Compute the project profitability index for each project. (Round you Project Project Profitability Index A B D Required 1 1. Compute the project profitability index for each project. 2. In order of preference, rank the four projects in terms of net pre Complete this question by entering your answers in the tabs Required 1 Required 2 In order of preference, rank the four projects in terms of net present return. Net Present Value Project Profitability Index Internal Rate of Return First preference Second preference Third preference Fourth preference