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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 $ 350comma 000. The Sisyphean Company expects cash inflows from thisproject as detailed? below: Year 1 Year 2 Year 3 Year 4 $ 150 comma850 $ 150 comma 850 $ 150 comma 850 $ 150 comma 850 The appropriatediscount rate for this project is 15?%. The internal rate ofreturn? (IRR) for this project is closest? to: A. 20?% B. 26?% C.30?% D. 16?%
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Accounting
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