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Suppose you are given the following set of cash flows: Initial outlay = -1,600 Year 1 free cash flow = 10,000 Year 2 free cash

Suppose you are given the following set of cash flows:

Initial outlay = -1,600

Year 1 free cash flow = 10,000

Year 2 free cash flow = -9,000

In theory, how many IRRs does this set of cash flows have?

a.0

b.2

c.1

d.3

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