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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 $225,000. 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 $225,000. The Sisyphean Company expects cash inflows from this project as detailed below Year 1 Year 2 Year 3 Year 4 $82,020 $82,020 $82,020 $82,020 The appropriate discount rate for this project is 20% The Internal rate of return (IRR) for this project is closest to: A 20% OB 10% C 13% OD 17%

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