Under Certain Conditions, a Project May Have More Than One

question 39

True/False

Under certain conditions, a project may have more than one IRR.One such condition is when, in addition to the initial investment at time = 0, a negative cash flow (or cost) occurs at the end of the project's life.

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Definitions:

Equal Rights

The principle that all people should have the same rights and opportunities without discrimination.

Thaddeus Stevens

A nineteenth-century U.S. politician and fierce advocate for the abolition of slavery and leader in the effort to implement Reconstruction policies aimed at securing rights for freed slaves.

Civil Rights Bill

The Civil Rights Bill usually refers to legislation aimed at enforcing or furthering civil rights, such as the U.S. Civil Rights Act of 1964 which outlawed discrimination based on race, color, religion, sex, or national origin.

1866

A year marked by significant events such as the passing of the Civil Rights Act in the United States, attempting to protect the rights of African Americans.