Gomi waste disposal is evaluating a project that would cost 48,800 dollars today. The project is expected to produce annual cash flows of 2,200 dollars forever with the first annual cash flow expected in 1 year. The NPV of the project is -5,407 dollars. What is the cost of the capital of the project? Answer as a rate in decimal format so that 12.34 would be entered as .1234 and 0.98% would be entered as .0098.