Question: The wine press is considering a project which has an initial cash requirement of 180,000. The project will yield cash flows of $2,800 monthly for

The wine press is considering a project which has an initial cash requirement of 180,000. The project will yield cash flows of $2,800 monthly for 7 years. What is the rate of return on this project? (Hint: You will need to present the annual rate of return).

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