A project costs $$150$ MM and has cash flows of $$216$ MM in year $1$ and $$233\mathrm{.}2$ MM in year two. The company's weighted average cost of capital is $8\%.$ What is the project's profitability index?

$1\mathrm{.}60$

$0\mathrm{.}33333$

$0\mathrm{.}40$

$2\mathrm{.}67$