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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 $400,000. The Sisyphean Company
The Sisyphean Company is planning on investing in a new project. This will involve the purchase of some new machinery costing $400,000. The Sisyphean Company expects cash inflows from this project:
The appropriate discount rate for this project is 17%.
The internal rate of return (IRR) for this project is closest to:
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Year 1 $163,381 $163,381 $163,381$163,381 Year 2 Year 3 Year 4Step by Step Solution
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