Question: Oxygen Optimization is considering a project that is expected to cost 5,765 dollars today; produce a cash flow of 9,997 dollars in 8 years, and
Oxygen Optimization is considering a project that is expected to cost 5,765 dollars today; produce a cash flow of 9,997 dollars in 8 years, and have an NPV of -655 dollars. What is the cost of capital for the project? Answer as a rate in decimal format so that 12.34% would be entered as .1234 and 0.98% would be entered as .0098.
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