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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 as detailed below: Year 1 Year 4 $157 452.975 $157,452.975 $157,452.975 $157 452.975 if the company's cost of capital is 1 5%, calculate the internal rate of retum of the project. Based on the result would the company accept or reject the project
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