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Company XYZ is considering a project with the following projected cash flows: CF0: -26,648 C01: 10,048 C02: 11,821 C03: 9,800 C04: 1,399 Calculate the Profitability

Company XYZ is considering a project with the following projected cash flows: CF0: -26,648 C01: 10,048 C02: 11,821 C03: 9,800 C04: 1,399 Calculate the Profitability Index (PI) of the project. Assume a WACC (discount rate) of 10%. Enter your answer as a number with two decimal places of precision (i.e. 1.23).

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