A Project Costing $20,000 Generates Cash Inflows of $9,000 Annually

question 94

Multiple Choice

A project costing $20,000 generates cash inflows of $9,000 annually for the first three years, followed by cash outflows of $1,000 annually for two years.At most, this project has ______ different IRR(s) .

• A)One
• B)Two
• C)three
• D)five

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Definitions:

Gestures

Movements of the body, especially the hands and arms, that express ideas or feelings, or communicate specific messages without words.

Polychronic Culture

A cultural trait which values multitasking and the engagement in multiple activities simultaneously.

Cultural Tightness-looseness

A concept describing the extent to which social norms are rigidly adhered to and the tolerance level for deviance from these norms within a culture or society.

Tolerance

The ability or willingness to tolerate the existence of opinions or behavior that one dislikes or disagrees with.