Question: IScream ice Cream is considering a project that is expected to cost $98900 today, produce annual cash flows of $12900 forever (with the first CF

IScream ice Cream is considering a project that is expected to cost $98900 today, produce annual cash flows of $12900 forever (with the first CF expected In 1 year, and have an NPV of $3500. What is the cost of capital for the project? (Round the value to 100 th decimal and Please enter the value only without

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