question archive Find the profitability index (PI) for the following series of future cash flows, assuming the company's cost of capital is 10

Find the profitability index (PI) for the following series of future cash flows, assuming the company's cost of capital is 10

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Find the profitability index (PI) for the following series of future cash flows, assuming the company's cost of capital is 10.45 percent. The initial outlay is $438,216.

Year 1: $131,465

Year 2: $192,840

Year 3: $161,598

Year 4: $174,895

Year 5: $158,448

Round the answer to two decimal places.

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