Question: PLEASE HELP! A project has an initial outlay of $1,035. The project will generate cash flows of $504 in Years 1-3. What is the profitability

PLEASE HELP!

A project has an initial outlay of $1,035. The project will generate cash flows of $504 in Years 1-3. What is the profitability index (PI) of this project? Assume an interest rate of 6%.

Note: Enter your answer rounded off to two decimal points.

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