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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 $350,000. 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 $350,000. The Sisyphean Company expects cash inflows from this project as detailed below: Year 1 $145,574 Year 2 $145,574 Year 3 $145,574 Year 4 $145,574 The appropriate discount rate for this project is 16% The internal rate of return (IRR) for this project is closest to: O A. 24% OB. 28% C. 18% OD. 14% Click to select your

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