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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 7 . 7

Find the profitability index (PI) for the following series of future cash flows, assuming the company's cost of capital is 7.76 percent. The initial outlay is $369,139. Year 1: $176,684; year 2: $159,142; year 3: $123,197; year 4: $163,153; year 5: $131,418. Round to two decimal places

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