Chapter 13 - Homework Saved Exercise 13-5 Preference Ranking (LO13-5) 0.35 Information on four investment proposals is given below. points Investment Proposal eBook Investment required Present value of cash inflows Net present value Life of the project $(130,000) $(140,000) $(150,000) $(1,260,000) 185,600 193,800 228,600 1,681,100 $ 55,600 $ 53,800 $ 78,600 $ 421,100 5 years 7 years 6 years 6 years Hint Print References Required: 1. Compute the project profitability index for each investment proposal. (Round your answers to 2 decimal places.) 2. Rank the proposals in terms of preference. Investment Project profitability Rank Preference Proposal Index D