Use the Information for the Question(s) Below

question 67

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 payback period for this project is closest to:

• A) 2.1 years
• B) 3.0 years
• C) 2 years
• D) 2.2 years

---

Definitions:

Neoliberal Globalization

Neoliberal globalization refers to the worldwide economic integration driven by liberal policies that favor free-market capitalism, reducing trade barriers and encouraging international investment and growth.

Dependency Theorist

An individual who advocates for the dependency theory, which suggests that economic conditions in poorer countries are a result of the exploitation and dependence created by richer countries.

Modernization Theorist

An expert or advocate for the perspective that societies develop in linear stages towards achieving stable and prosperous democracies.

International Trade

The exchange of goods, services, and capital across international borders or territories.