You are offered an investment with returns of $ 2,805 in year 1, $ 4,736...
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You are offered an investment with returns of $ 2,805 in year 1, $ 4,736 in year 2, and $ 4,052 in year 3. The investment will cost you $ 5,367 today. If the appropriate Cost of Capital (quoted interest rate) is 12.2 %, what is the Profitability Index of the investment? Enter your answer to the nearest .01.
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