Question: Please follow rounding instructions (in red), or it will be wrong, thanks! Question 6 1 pts Consider the following two independent investment opportunities that are
Please follow rounding instructions (in red), or it will be wrong, thanks!

Question 6 1 pts Consider the following two independent investment opportunities that are available to Lion, Inc. The appropriate discount rate is 9.4%. Year Project X Project Y 0 $-1220 $-2103 561 950 2 925 2154 805 1329 3 What is the Profitability Index of project Y? (Round answer to 2 decimal places. Do not round intermediate calculations)
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