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Business, 09.12.2021 17:00 katelozo117

Blue Hamster Manufacturing Inc. is considering a one-year project that requires an initial investment of $550,000; however, in raising this capital, Blue Hamster will incur an additional flotation cost of 6%. At the end of the year, the project is expected to produce a cash inflow of $825,000. The rate of return that Blue Hamster expects to earn on the project after its flotation costs are taken into account is .

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