What is the profitability index of a project with the following cash flows if the discount rate is 6 percent?
|
Year
|
CFs
|
|
0
|
-1,390
|
|
1
|
858
|
|
2
|
393
|
|
3
|
257
|
|
|
|
Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box.