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$1,000 in accounting income (revenues minus expenses) was produced from a $15,000 capital investment. If the economic profits produced by this investment were $500, then
$1,000 in accounting income (revenues minus expenses) was produced from a $15,000 capital investment. If the economic profits produced by this investment were $500, then the firms cost of capital for this investment was: Select one: a. Cannot determine the cost of capital just from the data provided b. 50% c. 6.667% d. zero% e. 3.333%
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