Lipsion Ltd company is thinking about investing in one of two potential new products for sale. The projections are as follows: year    revenue/ product s     revenue/ product v 0              (150,000) outlay              (150000) outlay 1                     14000                                  15000 2                      24000                                  25333 3                      44000                                  52000 4                       84000                               63333                                                      Calculate the IRR for Product V only using 1% and 17% to 2 d.p.

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