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Fancy Cat Products has a project that will cost $239,700 today and will generate monthly cash flows of $5,820 for the next 54 months. What
Fancy Cat Products has a project that will cost $239,700 today and will generate monthly cash flows of $5,820 for the next 54 months. What is the rate of return of this project when expressed as an APR? Multiple Choice 11.49% 12.83% 14.23% 10.68% 12.45%
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