Information on four investment proposals is given below: Investment Proposal Investment required $ (150,000) (200,000) $(180,000 $ (2,600,000) 275,600 274,100 211,500 Present value of cash inflows Net present value Life of the project 3,470,500 $ 61,500 $75,600 $94,100 870,500 years years 6 years years Required 1. Compute the project profitability index for each investment proposal. (Round your answers to 2 decimal places.) Project Investment Profitability Proposal Index 2. Rank the proposals in terms of preference D CBA O ABCD O BCAD O CAB