(Answered) You are offered an investment with returns of 1549 in year

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You are offered an investment with returns of $ 1,549 in year 1, $ 3,229 in year 2, and $ 3,576 in year 3. The investment will cost you $ 8,821 today. If the appropriate Cost of Capital (quoted interest rate) is 8.0 %, 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.

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