Medium Size Mart, Inc. is considering a project with the following cash flows: Initial cash outlay = $2,100,000 Aftertax net operating cash flows for years 1 to 3 = $775,000 per year Additional aftertax terminal cash flow at the end of year 3 = $700,000 Compute the profitability index of this project if Medium Marts WACC is 10%. Enter your answer rounded to two decimal places. For example, if your answer is 123.45% or 1.2345 then enter as 1.23 in the answer box.