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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 $200,000. 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 $200,000. The Sisyphean Company expects cash infows from this project as detailed below Year 1 Year 2 Year 3 Year 4 $70,053 $70,053 $70,053 $70,053 The appropriate discount rate for this project is 19% The internal rate of retum (IRR) for this project is closest to: OA 17% OB 15% OC 0% OD 11%

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