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Question 13 (1 point) Find the profitability index (PI) for the following series of future cash flows, assuming the company's cost of capital is 8.64

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Question 13 (1 point) Find the profitability index (PI) for the following series of future cash flows, assuming the company's cost of capital is 8.64 percent. The initial outlay is $437,897. Year 1: $148,192 Year 2: $130,050 Year 3: $123,024 Year 4: $166,024 Year 5: $191,081 Round the answer to two decimal places

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