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Under Certain Conditions, a Project May Have More Than One

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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:

Hands

The end part of a person's arm beyond the wrist, including the palm, fingers, and thumb, crucial for manipulating objects and executing tasks.

Lips

The fleshy, movable structures forming the opening of the mouth, involved in speaking, tasting, and expressing emotions.

Paraplegia

A condition characterized by the paralysis of the lower half of the body, typically caused by spinal cord injury or a congenital condition.

Quadriplegia

A medical condition where there is paralysis of all four limbs, often resulting from injury to the spinal cord.

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