IRR is the rate that makes the NPV of the project equal to which of the following values?

		-1
		0
		1
		None

In 2008, a project requires an initial cost of -$250 and next year, in 2009, the investor receives $570 and the year after that, in 2010, the cash flows from the investment is -$120. What is the total number of IRRs in this project?

		1
		0
		2
		3

What is the NPV of a project if IRR < discount rate (Assuming that the first cash flow is negative and all of the cash flows from the project are positive)?

		< 0
		> 0
		= 0
		None