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Give the following information for an international project: US inflation = 8.5% Singapore inflation= 7.5% cost of capital in the US = 18% what will
Give the following information for an international project:
US inflation = 8.5%
Singapore inflation= 7.5%
cost of capital in the US = 18%
what will the equivalent Singapore cost of capital be?
(leave your answer in decimals to 4 places)
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