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Please explain why Investment Dano7 has the following cash flows. You invest $3,855 today You receive $575, 7 years from today. You pay $576, 10

Please explain why

Investment Dano7 has the following cash flows.

  • You invest $3,855 today
  • You receive $575, 7 years from today.
  • You pay $576, 10 years from today.
  • You pay $2,699, 16.7 years from today.
  • You pay $629, 20 years from today.

What is the maximum number of IRRs that could possibly exist?

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