Use the information for the question(s) below. The Sisyphean Company is planning on investing in a new project. This will involve the purchase of some new machinery costing $450,000. The Sisyphean Company expects cash inflows from this project as detailed below: Year One Year Two Year Three Year Four $200,000 $225,000 $275,000 $200,000 The appropriate discount rate for this project is 16%. The IRR for this project is closest to: OA. 22.7% B. 18.9% OC. 39.1% D. 34.1%

Use the information for the question(s) below. The Sisyphean Company is planning on investing in a new project. This will involve the purchase of some new machinery costing $450,000. The Sisyphean Company expects cash inflows from this project as detailed below: The IRR for this project is closest to: A. 22.7% B. 18.9% C. 39.1% D. 34.1%