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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: Year 1 $118,473 Year 2 $118,473 Year 3 $118,473 Year 4 $118,473 The appropriate discount rate for this project is 18%. The internal rate of return (IRR) for this project is closest to: O A. 10% OB 13% OC. 20% OD. 17%
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