Which of the following statements is CORRECT 1 If a project has normal cash flows, then its MIRR must be positive 2 If a project has normal cash flows, then its IRR must be positive 3 If a project has normal cash flows, then it will have exactly two real IRRs 4 If a project has normal cash flows, then it can have only one real IRR, whereas a project with nonnormal cash flows might have more than one real IRR 5 The definition of normal cash flows is that the cash flow stream has one or more negative cash flows followed by a stream of positive cash flows and then one negative cash flow at the end of the project's life

Question

Which of the following statements is CORRECT  1  If a project has  normal  cash flows, then its MIRR must be positive  2  If a project has  normal  cash flows, then its IRR must be positive  3  If a project has  normal  cash flows, then it will have exactly two real IRRs  4  If a project has  normal  cash flows, then it can have only one real IRR, whereas a project with  nonnormal  cash flows might have more than one real IRR  5  The definition of  normal  cash flows is that the cash flow stream has one or more negative cash flows followed by a stream of positive cash flows and then one negative cash flow at the end of the project's life

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Question

Which of the following statements is CORRECT? 1. If a project has normal cash flows, then its MIRR must be positive. 2. If a project

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