4. A company is deciding if a new product should be launched. The company expects the cash flows in the next four years to be $1,000, $2,000, $3,000 and $4,000. The cost of initial investment is $5,000. The company believes its risk-adjusted discount rate is 10%. Should the company pursue the new product based on NPV criteria? If yes or no, give exact number of positive or negative cash flow. Yes/No Ans: Number 5. For Q4 above, what will be the IRR using the trial and error approach method