We have a project with the following cash flows:

0 1 2 3 4 5

Cashflow -25 160 120 -300 60 -110

Without doing any NPV/IRR calculations, what can you say about how many IRRs this project might have? Briefly but explicitly tell me what you know about the number of IRRs, simply from looking at the above cash flows. Be sure to give a complete answer.

O A. At least 5 O B. 5 O c. 4 OD. At least 4 E. Up to 4 OF. We can't tell anything about the number of IRRs without calculating them. O G. Up to 5 OH. Up to 3 OI. 3 OJ. 1 OK. At least 3