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NO EXCEL SOLUTIONS!! PLEASE SOLVE & EXPLAIN WITH A PEN & PAPER. THANK YOU! The Sisyphean Company is planning on investing in a new project.
NO EXCEL SOLUTIONS!! PLEASE SOLVE & EXPLAIN WITH A PEN & PAPER. THANK YOU!
The Sisyphean Company is planning on investing in a new project. This will involve the purchase of some new machinery costing $450,000. The Sisyphean Company expects cash inflows from this project as detailed below: Year One Year Two Year Three Year Four $200,000 $225,000 $275,000 $200,000 The appropriate discount rate for this project is 16%. Calculate IRR for the project Step by Step Solution
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