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A project has an NPV of $47,500. Calculate the cost of capital of this project if it generates the following cash flows for six years
A project has an NPV of $47,500. Calculate the cost of capital of this project if it generates the following cash flows for six years after an initial investment of $197,000: (Round answer to 4 decimal places, e.g. 25.2513%.) Year 1: $47,500 Year 2: $47,500 Year 3: $28,500 Year 4: $75,500 Year 5: $59,500 Year 6: $70,500 % Cost of capital
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