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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 $325,000. The Sisyphean Company

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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 $325,000. The Sisyphean Company expects cash inflows from this project as detailed below: The appropriate discount rate for this project is 19%. The internal rate of return (IRR) for this project is closest to: A. 12% B. 15% C. 23% D. 20%

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