XY Company is considering 5 investment projects as follows: Project Investment ($) Profitability index (Pl) A 10,000 1.2 B 6,000 1.1 C 18,000 1.6 D 14,000 0.9 E 12,000 1.3 The company has $30,000 available for investment. Projects C and E are mutually exclusive. All projects can be undertaken only once and are not divisible. Required: (ii) Rank the projects Pl and NPV A. PL - A:3; B:4; C:1; D:5; E:2 and NPV - A:3; B:4; C:1; D:5; E:2 B. PL - A:1; B:2; C:3; D:4; E:5 and NPV - A:1; B:2; C:3; D:4; E:5 C. PL - A:5; B:4; C:3; D:2; E:1 and NPV - A:5; B:4; C:3; D:2; E:1 D. PL - A:3; B:4; C:0; D:5; E:2 and NPV - A:3; B:4; C:0; D:5; E:2