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The Sisyphean Company is planning on investing in a new project. This will involve the purchase of some new machinery costing $275,000. The Sisyphean Company
The Sisyphean Company is planning on investing in a new project. This will involve the purchase of some new machinery costing $275,000. The Sisyphean Company expects cash inflows from this project as detailed below: Year 1 $122,715 Year 2 $122,715 Year 3 $122,715 Year 4 $122,715 The appropriate discount rate for this project is 15% The internal rate of return (IRR) for this project is closest to: .... O A. 17% OB. 32% OC. 28% OD. 21%
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