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The Cassy division of AdamPan Corporation reported a residual income of $189,402. The division had $8,478,170 of invested capital and a profit of $1,133,744. What

The Cassy division of AdamPan Corporation reported a residual income of $189,402. The division had $8,478,170 of invested capital and a profit of $1,133,744. What is the imputed interest rate of the division?(Present the final answer as a percentage, to 2 decimal places.)

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