Question: Alpha Corp. is considering adding a new product to its lineup and have estimated the following: Year o cash flow: -$14,500 Year 1 cash flow:

 Alpha Corp. is considering adding a new product to its lineup

Alpha Corp. is considering adding a new product to its lineup and have estimated the following: Year o cash flow: -$14,500 Year 1 cash flow: $2,200 Year 2 cash flow: $4,800 Year 3 cash flow: $6,500 Year 4 cash flow: $7,500 What is the payback period of the project? a. 3.13 years b. 4 years c. 1.68 years d. 2.60 years

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