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A project has an NPV of $54,000. Calculate the cost of capital of this project if it generates the following cash flows for six years
A project has an NPV of $54,000. Calculate the cost of capital of this project if it generates the following cash flows for six years after an initial investment of $210,000: (Round answer to 2 decimal places, e.g. 25.25%.) Year 1: Year 2: Year 3: Year 4: Year 5: Year 6: $54,000 $54,000 $35,000 $82,000 $66,000 $77,000 Cost of capital
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