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 IRR for this project is closest to:
Definitions:
Markov Analysis
A statistical method used to predict the future state of a system based on its current state and probabilistic transitions.
External Environment
The outside factors and forces that can affect the operations, success, and strategy of a business or organization, including economic, legal, and socio-cultural elements.
Internal Change
This refers to modifications within an organization that can affect structures, processes, strategies, or personnel.
Flexible Work Arrangement
Work schedules that allow employees flexibility in choosing where or when they complete their tasks to balance work and personal responsibilities.
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