Question
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
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 | Year 2 | Year 3 | Year 4 |
| $131,350 | $131,350 | $131,350 | $131,350 |
The appropriate discount rate for this project is
16%.
The internal rate of return (IRR) for this project is closest to:
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A Financial Crisis Manual Reflections And The Road Ahead
Authors: Dimitrios D. Thomakos , Platon Monokroussos, Konstantinos I. Nikolopoulos
1st Edition
1137448296, 113744830X, 9781137448293, 9781137448309
