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The owner of a number of gas stations is considering installing coffee machines in his...

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The owner of a number of gas stations is considering installing coffee machines in his gas stations. It will cost $270,000 to install the coffee machines, and they are expected to boost cash flows by $115,714 per year for their five-year working life. What must the cost of capital be if this investment has a profitability index of 1? O A. 4.69% B. 2.34% C. 1.17% OD. 5.86%

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