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

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

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