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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:

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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%

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