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 appropriate discount rate for this project is 16%.
-The NPV for this project is closest to:
A) $176,270.
B) $123,420.
C) $450,000.
D) $179,590.
Correct Answer:
Verified
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