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You are offered an investment with returns of $ 2,826 in year 1, $ 3,849 in year 2, and $ 4,052 in year 3. The

You are offered an investment with returns of $ 2,826 in year 1, $ 3,849 in year 2, and $ 4,052 in year 3. The investment will cost you $ 6,061 today. If the appropriate Cost of Capital (quoted interest rate) is 12.1 %, what is the Profitability Index of the investment? Enter your answer to the nearest .01.

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