Does this sequence of cash flows have unique IRR? guess IRR for Project 2 The sign of cash flows are + - +, the signs of the cash flows change twice, so a unique IRR is not guaranteed Project 2 Year cash flow 1 $ 100.00 2 $ (300.00) 3 $ 250.00 Project 1 Year 1 2 3 4 5 6 7 3 cash flow -10000 8000 1500 1500 1500 1500 -1500 IRR for Project 1 -50% -52% -48% 46% -38% 0% guess -0.9 -0.8 -0.7 -0.6 -0.5 -0.4 -0.3 -0.2 -0.1 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! Does this sequence of cash flows have unique IRR? guess IRR for Project 2 The sign of cash flows are + - +, the signs of the cash flows change twice, so a unique IRR is not guaranteed Project 2 Year cash flow 1 $ 100.00 2 $ (300.00) 3 $ 250.00 Project 1 Year 1 2 3 4 5 6 7 3 cash flow -10000 8000 1500 1500 1500 1500 -1500 IRR for Project 1 -50% -52% -48% 46% -38% 0% guess -0.9 -0.8 -0.7 -0.6 -0.5 -0.4 -0.3 -0.2 -0.1 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! #NUM