Use the Information for the Question(s)below

question 37

Multiple Choice

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:

• A)18.9%.
• B)22.7%.
• C)34.1%.
• D)39.1%.

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Definitions:

Ingratiation

A social influence strategy aimed at making oneself more likable or agreeable to another, particularly used in organizational settings.

Proactive Influence

The effect of anticipating potential future problems, needs, or changes, and taking action to address or capitalize on them beforehand.

Influence Attempt

The effort to change the behavior, attitude, or perceptions of another person or group through persuasive means.

Referent Power

Influence held by an individual due to loyalty, admiration, or respect from others rather than formal authority or position.