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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 $200,000. The Sisyphean Company
The Sisyphean Company is planning on investing in a new project. This will involve the purchase of some new machinery costing $200,000. The Sisyphean Company expects cash inflows from this project as detailed below: Year 1 $90,783 Year 2 $90,783 Year 3 $90,783 Year 4 $90,783 The appropriate discount rate for this project is 20%. The internal rate of return (IRR) for this project is closest to: O A. 29% O B. 33% C. 22% OD. 17%
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