ROUND TO 4 DECIMAL PLACES

A project has an NPV of $49,000. Calculate the cost of capital of this project if it generates the following cash flows for six years after an initial investment of $200,000: (Round answer to 4 decimal places, e.g. 25.2513%.) Year 1: $49,000 Year 2: $49,000 Year 3: $30,000 Year 4: $77,000 Year 5: $61,000 Year 6: $72,000 Cost of capital %