Question: 8) Blinding Light Co. has a project available with the following cash flows: Year Cash Flow 0 $33,470 1 8270 2 9970 3 14,260 4

8) Blinding Light Co. has a project available with the following cash flows:

Year

Cash Flow

0

$33,470

1

8270

2

9970

3

14,260

4

16,010

5

10,940

What is the project's IRR? 8) _______

A) 23.21% B) 18.80% C) 20.89% D) 22.63% E) 21.76%

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