A problem with the IRR is that under certain conditions a project may have more than one IRR. In this case we would have multiple IRRs. It takes place when a cash outflow occurs sometime after the inflows have commenced, meaning that the signs of the cash flows change more than once. In this case we say that we have multiple IRRs. Select one: O True O False

A problem with the IRR is that under certain conditions a project may have more than one IRR. In this case we would have multiple IRRs. It takes place when a cash outflow occurs sometime after the inflows have commenced, meaning that the signs of the cash flows change more than once. In this case we say that we have multiple IRRs. Select one: True False