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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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