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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

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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 expects cash inflows from this project as detailed below: Year 1 $120,815 Year 2 $120,815 Year 3 $120,815 Year 4 $120,815 The appropriate discount rate for this project is 20%. The internal rate of return (IRR) for this project is closest to: OA. 11% OB. 18% OC. 14% OD. 21%

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