A Project Has an Initial Cost of $12,100 and Cash

question 71

Multiple Choice

A project has an initial cost of $12,100 and cash flows of -$2,100,$5,800,$16,600,and -$800 for Years 1 to 4,respectively.How many IRRs will this project have?

• A)0
• B)1
• C)2
• D)3
• E)4

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