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Find the profitability index ( PI ) for the following series of future cash flows, assuming the company s cost of capital is 1 4

Find the profitability index (PI) for the following series of future cash flows, assuming the companys cost of capital is 14.92 percent. The initial outlay is $460,392.
Year 1: $126,789
Year 2: $191,160
Year 3: $156,941
Year 4: $128,813
Year 5: $146,545
Round the answer to two decimal places.

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