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What is the monthly cost of capital for the ice cream

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A ice cream parlor is worth 102,175 dollars. It is expected to produce equal monthly cash flows of 11,067 dollars for 8 months with the first monthly cash flow expected in 1 month. The ice cream parlor is also expected to make an extra cash flow of 25,576 dollars in 8 months. What is the monthly cost of capital for the ice cream parlor?

Reference no: EM132465731

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