Question
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
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:
| Year 1 | Year 2 | Year 3 | Year 4 |
| $147,522 | $147,522 | $147,522 | $147,522 |
The appropriate discount rate for this project is 20%.
The internal rate of return (IRR) for this project is closest to:
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AQA AS Accounting Unit 2 Financial And Management Accounting
Authors: Brendan Casey
1st Edition
1500684260?, 978-1500684266
