Healthy Hopes Hospital Supply Corporation is considering an investment of $500,000 in a new plant for producing disposable diapers. The plant has an expected life of four years. Sales are expected to be 600,000 units per year at a price of $2.5 per unit. Fixed costs excluding depreciation of the plant are $200,000 per year, and variable costs are $1.2 per unit. The equipment will be depreciated over four years using the straight-line method with a zero salvage value. Working capital requirements are assumed to be 1/12 of annual sales. The market capitalization rate for the project is 15% per year, and the corporation pays income tax at the rate of 34%. What's the IRR? 76.24% 16.82% 16.95% Not Available