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Consider a project with the following cash flows: G -8,150 Cash Plove (8) 9 5,900 C 20,800 Your Board of Directors wants to know

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Consider a project with the following cash flows: G -8,150 Cash Plove (8) 9 5,900 C 20,800 Your Board of Directors wants to know how the project's return compares with the opportunity cost of capital. Calculate the appropriate rate of return of the project. (Do not round intermediate calculations. Enter your answer as a percent rounded to the nearest whole number)

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