(Answered) You are offered an investment with returns of 1664 in year

Finance

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.

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