Oxygen optimization is considering a project that is expected to cost 6,261 dollars today; produce...
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Accounting
Oxygen optimization is considering a project that is expected to cost 6,261 dollars today; produce a cash flow of 14,584 dollars in 7 years, and have an NPV of 361 dollars. What is the cost of capital for the project? Answer as a rate in decimal format so that 12.34 would be entered as .1234 and 0.98% would be entered as .0098.
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