Gold Mining, Inc. is using the profitability index (PI) when evaluating projects. Gold Mining's cost of capital is 5.91 percent. What is the Pl of a project if the initial costs are $2,108,919 and the project life is estimated as 8 years? The project will produce the same after-tax cash inflows of $657,936 per year at the end of the year. Round the answer to two decimal places. Your