The first quarterly cash flow is expected in 3 months from


You own a building that is worth 68,000 dollars and is expected to produce quarterly cash flows of 1,400 dollars forever.

The first quarterly cash flow is expected in 3 months from today. What is the expected quarterly cost of capital for the building?

Answer as a quarterly 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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Financial Management: The first quarterly cash flow is expected in 3 months from
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