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this was all the information i was given. The owner of a number of gas stations is considering installing coffee machines in his gas stations.

image text in transcribed this was all the information i was given.

The owner of a number of gas stations is considering installing coffee machines in his gas stations. It will cost $260,000 to install the coffee machines, and they are expected to boost cash flows by $111,428 per year for their five-year working life. What must the cost of capital be if this investment has a profitability index of 1? 1.17% 2.34% 4.69% 5.86%

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