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amber company is considering a 1 year project that requires an initial investment of $500,000. however, to raise this capital, the company will incur flotation
amber company is considering a 1 year project that requires an initial investment of $500,000. however, to raise this capital, the company will incur flotation costs that are 2% of the initial investment amount. at the end of the year, the project is expected to produce a cash inflow of $566,000. what is the rate of return that the company expects to earn on this project after taking flotation cost into consideration?
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