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A project has an NPV of $55,500. Calculate the cost of capital of this project if it generates the following cash flows for six years

A project has an NPV of $55,500. Calculate the cost of capital of this project if it generates the following cash flows for six years after an initial investment of $213,000: (Round answer to 4 decimal places, e.g. 25.2513%.) Year 1: $55,500 Year 2: $55,500 Year 3: $36,500 Year 4: $83,500 Year 5: $67,500 Year 6: $78,500image text in transcribed

A project has an NPV of $55,500. Calculate the cost of capital of this project if it generates the following cash flows for six years after an initial investment of $213,000: (Round answer to 4 decimal places, e.g. 25.2513%.) Year 1: $55,500 Year 2: $55,500 Year 3: $36,500 Year 4: $83,500 Year 5: $67,500 Year 6: $78,500 Cost of capital %

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