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 internal rate of return (IRR)for this project is closest to:
A)18.9%
B)22.7%
C)34.1%
D)39.1%

Question

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 internal rate of return (IRR)for this project is closest to:
A)18.9% 
B)22.7% 
C)34.1% 
D)39.1%

Quizplus · Accepted Answer

The Answer of 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 internal rate of return (IRR)for this project is closest to:
A)18.9% 
B)22.7% 
C)34.1% 
D)39.1%

Use the Information for the Question(s)below