$51$ point

A project has an initial cost of $$335,099.$ The project is expected to have cash flows of $$111,710$ in year $1,$$$134,167$ in year $2$ and $$507,481$ in year $3.$ What is the profitability index for this project if the discount rate is $11\%?$ Enter your answer to two decimal places.

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$3270\mathrm{.}80$

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