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Blinding Light Co. has a project available with the following cash flows: Year 0 1 2 3 4 5 Cash Flow -$33,150 8,330 10,050 14,400

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Blinding Light Co. has a project available with the following cash flows: Year 0 1 2 3 4 5 Cash Flow -$33,150 8,330 10,050 14,400 16,090 11,060 What is the project's IRR? Multiple Choice O 22.53% 19.47% O 23.43% 21.63% O 24.04% Net present value: Multiple Choice is the best method of analyzing mutually exclusive projects. is less useful than the internal rate of return when comparing different-sized projects. is the easiest method of evaluation for nonfinancial managers. cannot be applied when comparing mutually exclusive projects. is very similar in its methodology to the average accounting return

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