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Which of the following statements are most likely to be false? 1. A project will have multiple IRRs if its cash flows alternate between negative

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Which of the following statements are most likely to be false? 1. A project will have multiple IRRs if its cash flows alternate between negative and positive values. II. The general rule of thumb is that a project will have as many IRRs as there are negative cash flows. III. If a project has multiple IRRs, its NPV profile will cross the x-axis more than once

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