Question: Scream Ice Cream is considering a project that is expected to cost $98900 today; produce annual cash flows of $12500 forever (with the first CF

Scream Ice Cream is considering a project that is expected to cost $98900 today; produce annual cash flows of $12500 forever (with the first CF expected in 1 year); and have an NPV of $3000. What is the cost of capital for the project?

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