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Gomi Waste Disposal is evaluating a project that would cost 85,300 dollars today. The project is expected to produce annual cash flows of 2.770 dollars

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Gomi Waste Disposal is evaluating a project that would cost 85,300 dollars today. The project is expected to produce annual cash flows of 2.770 dollars forever with the first annual cash flow expected in 1 year. The NPV of the project is -63,894 dollars. What is the cost of capital of the project? Answer as a rate in decimal format so that 12.34% would be entered as 1234 and 0.90% would be entered as .0098 Number

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