Question: Alpha Corp. is considering adding a new product to its lineup and has estimated the following: Year Cash Flow 0 -$62,000 1 $16,500 2 $23,800

Alpha Corp. is considering adding a new product to its lineup and has estimated the following:

Year Cash Flow
0 -$62,000
1 $16,500
2 $23,800
3 $27,100
4 $23,300

What is the IRR of the project?

Multiple Choice

  • 68.30%

  • 16.11%

  • 50.05%

  • 3.97%

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