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Delta Company reported a residual income of $178144 in its Assembly Division. The division had $8337893 of invested capital and a profit of $1034491. Compute

Delta Company reported a residual income of $178144 in its Assembly Division. The division had $8337893 of invested capital and a profit of $1034491. Compute the imputed interest rate applied to arrive at the residual income. (Present the final answer as a percentage, to 2 decimal places.)

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