When can a series of cash flows have MORE THAN one IRR?

	When can a series of cash flows have MORE THAN one IRR?

a	first cash flow is negative and all remaining cash flows are positive
b	first cash flow is positive and all remaining cash flows are negative
c	some cash flows after first year are positive and some cash flows are negative
d	can never have more than one IRR

Expert Solution

A Project has Multiple IRRs if the Cashflows are Non Conventional. It means some cash flows after first year are positive and some cash flows are negative.

Answer C

jeff jeffy answered 3 years ago

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