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I downloaded a template for my video project and it says that it works with
Raytrace 3D was removed last year and is no longer available. If you really need it, you will have to install an older version of AE.
Thank you, I installed an older version of after effects and it worked just fine with the template.
You could try the C4D render engine option. It shares most of the same capabilities but it is more stable and renders slightly faster on most machines.