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Find the profitability index (PI) for the following series of future cash flows, assuming the companys cost of capital is 12.03 percent. The initial outlay

Find the profitability index (PI) for the following series of future cash flows, assuming the companys cost of capital is 12.03 percent. The initial outlay is $494,678. Year 1: $142,447

Year 2: $154,085

Year 3: $197,241

Year 4: $194,069

Year 5: $121,881

Round the answer to two decimal places.

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