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Fancy Cat Products has a project that will cost $ 2 6 3 , 1 0 0 today and will generate monthly cash flows of

Fancy Cat Products has a project that will cost $263,100 today and will generate monthly cash flows of $5,495 for the next 72 months. What is the rate of return of this project when expressed as an APR?
Multiple Choice
14.52%
16.60%
13.07%
14.82%
13.40%
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