Question: Miller, Lipton and Smith, LLC is considering a project which costs $247,800 to undertake. The project will generate 30 monthly cash flows of $9,788.70. What

Miller, Lipton and Smith, LLC is considering a project which costs $247,800 to undertake. The project will generate 30 monthly cash flows of $9,788.70. What is the rate of return on this project? a. 1.13% APR b. 13.44% APR c. 13.59% APR d. 14.02% APR

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