Question: Fancy Cat Products has a project that will cost $ 2 4 8 , 8 0 0 today and will generate monthly cash flows of

Fancy Cat Products has a project that will cost $248,800 today and will generate monthly cash flows of 35,440 for the next 63 months. What is the rate of return of this project when expressed as an APR? 11.78%10.87%12.09%10.29%13.46%

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