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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 $325,000. The Sisyphean company

The Sisyphean Company is planning on investing in a new project. This will involve the purchase of some new machinery costing $325,000. The Sisyphean company expects cash inflows from this project as detailed below. The appropriate discount rate for this project is 18%. The

Year 1 Year 2 Year 3 Year 4

$113,836 $113,836 $113,836 $113,836

The appropriate discount rate for this project is 18%.

The internal rate of return (IRR) for this project is closet to?

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