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Fancy Cat Products has a project that will cost $246,200 today and will generate monthly cash flows of $5,420 for the next 59 months. What

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Fancy Cat Products has a project that will cost $246,200 today and will generate monthly cash flows of $5,420 for the next 59 months. What is the rate of return of this project when expressed as an APR? Multiple Choice 12.56% 10.15% ) 10.99% 9.54% 11.30%

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