Question: project has an initial cost of $ 4 4 1 , 7 6 2 . The project is expected to have cash flows of $

project has an initial cost of $441,762. The project is expected to have cash flows of $108,099 in year 1, $161,202 in year 2 and $351,723 in year 3. What is the profitability index for this project if the discount rate is 7%? Enter your answer to two decimal places.Type your answer.

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