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A project needs initial investment of SAR 969.46 and will generate SAR 181.48 at the end of each of the 7 years. At the end

A project needs initial investment of SAR

969.46

and will generate SAR

181.48

at the end of each of the

7

years. At the end of last year the project can be liquated at SAR

1000.

What would be the maximum cost of capital possible to accept the project. (Assume the rule: A project is accepted as long as NPV is not less than zero).

The maximum cost of capital possible to accept the project

nothing ( ) (use 2 decimals)

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