Find the profitability index pi for the following series of, Financial Management

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Find the profitability index pi for the following series of

Find the profitability index (PI) for the following series of future cash flows, assuming the company’s cost of capital is 6.10 percent. The initial outlay is $383,132.

Year 1: $183,840

Year 2: $120,226

Year 3: $153,813

Year 4: $126,533

Year 5: $186,994

Round the answer to two decimal places.

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