Sandhill Computer Devices Inc. is considering the introduction of a new printer. The company's accountant had prepared an analysis computing the target unit cost but misplaced his working papers. From memory he remembers the estimated unit sales price was $196 and the target unit cost was $191. Sales were projected at 100,000 units with a required $5,000,000 investment. Compute the required minimum rate of return. Minimum rate of return %