Blossom Corp. management is planning to convert an existing warehouse into a new plant that will increase its production capacity by 45 percent. The cost of this project will be $8,467,824. It will...

Blossom Corp. management is planning to convert an existing warehouse into a new plant that will increase its production capacity by 45 percent. The cost of this project will be $8,467,824. It will result in additional cash flows of $2,312,200 for the next eight years. The discount rate is 11.83 percent.

What is the Payback period, NPV, and IRR?