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Suppose you are to start a business project that would improve the quality of the products that your company produces. You identified the following sources

Suppose you are to start a business project that would improve the quality of the products that your company produces. You identified the following sources of capital to finance the implementation of the project with their correspongding cost:

Source of Financing Amount Explicit Cost
Short-Term Debt $30,000 10%
Commercial Papers $90,000 14%
Common Stocks $30,000 12%

In this case, what would be your MARR?

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