The Road Maker is analyzing a project with projected cash flows of $$460,000$ in year $1,$ $$527,000$ in year $2,$ $$589,000$ in year $3,$ and $$540,000$ in year $4.$ What is the PI of the project if the required return is $11\mathrm{.}25$ percent and the initial cash outlay is $$1\mathrm{.}79$ million?

A$.$

$\mathrm{.}90$

B$.$

$1\mathrm{.}11$

C$.$

$\mathrm{.}94$

D$.$

$1\mathrm{.}06$