Use the information for the question(s) below. The Sisyphean Company is planning on investing in a new project. This wil

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Use The Information For The Question S Below The Sisyphean Company Is Planning On Investing In A New Project This Wil 1 (42.18 KiB) Viewed 133 times

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 $200,000 Year Two $225,000 Year Three $275,000 Year Four $200,000 The appropriate discount rate for this project is 16%. 24) The profitability index for this project is closest to: A).44. B).26. C) 0.39. D).34.