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.

---

Definitions:

Observer Effect

The phenomenon that the act of observation can change the outcome of what is being observed, often discussed in physics and social sciences.

Conduct Interview

The process of asking someone questions in a formal or informal setting to gather information, opinions, or insights.

Source Reliability

The trustworthiness and credibility of information provided by a source, often evaluated based on expertise, accuracy, and bias.

Industrial Development

The process of building and growing industries within a country to improve its economy.