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A project requires an initial investment of $100,000 and has a Profitability Index of 1.8249. Assuming the project will last for 5 years, generating annual

A project requires an initial investment of $100,000 and has a Profitability Index of 1.8249. Assuming the project will last for 5 years, generating annual cash flows of $50,000, what is the cost of capital?

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