Gold Mining, Inc. is using the profitability index (PI) when evaluating projects. Gold Mining's cost of capital is 7.71 percent. What is the PI of a project if the initial costs are $1.525,810 and the project life is estimated as 9 years? The project will produce the same after-tax cash inflows of $631,375 per year at the end of the year. Round the answer to two decimal places Your