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A project has an expected profit of 40,000, with a 450,000 investment. The Residual Income (RI) is equal to 6,250. What is the cost of
A project has an expected profit of 40,000, with a 450,000 investment. The Residual Income (RI) is equal to 6,250. What is the cost of capital percentage (on this project)?
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15.63%
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8.89%
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10.28%
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7.50%
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