You are offered an investment with returns of $ 1,664 in year 1, $ 3,919 in year 2, and $ 3,278 in year 3. The investment will cost you $ 8,230 today. If the appropriate Cost of Capital (quoted interest rate) is 6.1 %, what is the Profitability Index of the investment? Enter your answer to the nearest .01.
Do not use the $ sign or commas in your answer. If the NPV is negative, use the - sign.