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Which of the following can cause a project to have multiple IRRs? Multiple Choice The project has a large initial outlay. A ten-year project has

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Which of the following can cause a project to have multiple IRRs? Multiple Choice The project has a large initial outlay. A ten-year project has a negative cash flow in the last year of the project's life. A project has negative cash flows in the first three years, but positive cash flows thereafter. Whenever project cash flows are conventional. With mutually exclusive investments

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