You are considering a project that has an initial cost of $$4,250,000.$ If you take the project, it will produce net cash flows of $$1,100,000$ per year for the next six years. If the appropriate discount rate for the project is $15$ percent, what is the profitability index of the project?

$1\mathrm{.}25$

$0\mathrm{.}76$

$1$

$3\mathrm{.}0$

$0\mathrm{.}98$