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A project that provides annual cash flows of $10785 for eight years costs $77038 today. At what discount rate would you be indifferent between accepting
A project that provides annual cash flows of $10785 for eight years costs $77038 today. At what discount rate would you be indifferent between accepting the project and rejecting it? (Enter your answer as a percentage, omit the "%" sign in your response, and round your answer to 2 decimal places. For example, 0.12345 or 12.345% should be entered as 12.35.)
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