value 1.50 points Information on four investment proposals is given below: Investment Proposal Investment required $ (900,000) (170,000) $(90,000) $ (1,430,000) Present value of cash inflows Net present value Life of the project 233,400 136,500 363,600 63,400 46,500 478,300 7 years6 years 1,263,600 1,908,300 6 years 5 years Required: 1. Compute the project profitability index for each investment proposal. (Round your answers to 2 decimal places.) Project Investment Proposal Profitability Index 2. Rank the proposals in terms of preference. ABC BCAD CABD DCBA