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 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 IRR of the project? . a. 13.86% ob. 50.05% c. 3.97% O d. 30.11%
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
