Question: Blinding Light Co. has a project available with the following cash flows: Year Cash Flow 0 $32,670 1 8,420 2 10,170 3 14,610 4 16,210

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

Year Cash Flow
0 $32,670
1 8,420
2 10,170
3 14,610
4 16,210
5 11,240

What is the project's IRR?

A. 20.49%

B. 23.71%

C. 24.66%

D. 22.77%

E. 25.29%

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