Your firm is considering an investment that will cost $950,000 today. The investment will produce cash flows of $400,000 in year one, $250,000 in years two through four, $200,000 in year five, and $250,000 in year six. The discount rate that your firm uses for projects of this type is 12%. What is the investments profitability index (PI)?

		1.90
		1.19
		0.94
		1.50