Value 2. 30.00 points the Oxford Company has limited funds available for investment and must ration the funds among four competing projects. Selected information on the four projects follows Life of Internal Net Rate Investment Present Project of Return Project Required Value (years) (percent) $910,000 $265,850 6 1996 B $700 000 $209,300 11 16% $610,000 $130,350 6 179 D $830,000 $152, 700 4 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 (Round your answers to 2 decimal places.) Project Profitability Index B D 2. In order of preference, rank the four projects in terms of nel present value, project profitability index and internal rate of retum Net Present Value Project Profitability Index Internal Rate of Return First preference Second preference Third preference Fourth preference