Question: 3 Question 10 (1 point) Green Car is considering a project which has an initial cash requirement of $287,400. The project will yield cash flows

 3 Question 10 (1 point) Green Car is considering a project

3 Question 10 (1 point) Green Car is considering a project which has an initial cash requirement of $287,400. The project will yield cash flows of $5,932 monthly for 5 years. What is the annual rate of return on this project? 6 8.76 percent 9 8.11 percent 1 12 6.97 percent 7.28 percent 14 7.04 percent View hint for Question 10 3 Question 10 (1 point) Green Car is considering a project which has an initial cash requirement of $287,400. The project will yield cash flows of $5,932 monthly for 5 years. What is the annual rate of return on this project? 6 8.76 percent 9 8.11 percent 1 12 6.97 percent 7.28 percent 14 7.04 percent View hint for Question 10

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