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Consider a project with the following cash flows: Year 0 Year 1 Year 2 -$790 million $4.7 billion -$4.6 billion Hint: Use the Excel function
Consider a project with the following cash flows:
Year 0 | Year 1 | Year 2 |
-$790 million | $4.7 billion | -$4.6 billion |
Hint: Use the Excel function for this problem.
Which of the following statements about the IRR for this project is correct? There is/are:
Group of answer choices
two IRRs equal to 23.52% and 371.42%, respectively
only one IRR which is 23.52%
only one IRR which is 371.42%
no IRR
three IRRs equal to 23.52%, 127.66% and 371.42%, respectively
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