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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 $375,000 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 $375,000 The Sisyphean Company expects cash inflows from this project as detailed below Year 1 $161,625 Year 2 $161,625 Year 3 $161,625 Year 4 $161,625 The appropriate discount rate for this project is 15% The internal rate of retum (IRR) for this project is closest to: O A. 20% OB. 30% O C. 16% OD. 26%

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