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trojan company is considering a new investment project. The company knows that the project will generate a net cash inflow of $310,000 in the first

trojan company is considering a new investment project. The company knows that the project will generate a net cash inflow of $310,000 in the first year, but is unsure about the rate at which the cash flows will grow per year forever. The project requires an initial investment of $3.2 million. At what constant growth rate would the company just break even if the required rate of return is 13 percent? Do not round intermediate calculations and your answer as a percent rounded to 3 decimal places, 32.164)

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