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Based on the following cash flows, which of the following statements is true? Cash flows ($) Year 0 Year 1 Year 2 Year 3 Year
Based on the following cash flows, which of the following statements is true? Cash flows ($) Year 0 Year 1 Year 2 Year 3 Year 4 Project A1,000 250 250 250 250 Project B-750 -150 -150 800 800 Project C-1,000 750 600 -200 800 Statement I: Project A will have no IRR. Statement 11: Project B will have multiple IRRs. Statement III: Project C will have multiple IRRs. Statement IV: Project B will have one IRR. ll and IV only. 1. 111, and IV only. 1, 11, and Ill only
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