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The firm opens a coffee shop and expects cash flows of $ 4 6 , 5 0 5 at the end of one year and

The firm opens a coffee shop and expects cash flows of $46,505 at the end of one year and raises equity to pay for the shop. The risk-free rate is 5% and given the risk, the coffee shop should earn 8.1%. What is rU if the actual cash flows are $58,678? Input your answer as a percentage and round your final answer to two decimal places. (i.e.,0.102345=10.23%==> type 10.23).

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