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 12.03 percent. The initial outlay is $494,678. Year 1: $142,447

Year 2: $154,085

Year 3: $197,241

Year 4: $194,069

Year 5: $121,881

Round the answer to two decimal places.

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