A factory is worth $$75,400\mathrm{.}00.$ It is expected to produce equal monthly cash flows of $$7,966\mathrm{.}39$ for $8$ months with the first monthly cash flow expected in $1$ month. The factory is also expected to make an extra cash flow of $$14,900\mathrm{.}00$ in $8$ months. What is the monthly cost of capital for the factory?

$0\mathrm{.}98\%($plus or minus $10bps)$

$0\mathrm{.}82\%($plus or minus $10bps)$

$2\mathrm{.}97\%($plus or minus $10bps)$

$2\mathrm{.}51\%($plus or minus $10bps)$

none of the answers are within $10bps$ of the correct answer