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Which of the following statements is CORRECT? a . If a project has normal cash flows, then it will have exactly two real IRRs. b
Which of the following statements is CORRECT?
a If a project has "normal" cash flows, then it will have exactly two real IRRs.
b 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.
c If a project has "normal" cash flows, then its IRR must be positive.
d 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.
e If a project has "normal" cash flows, then its MIRR must be positive. just give me the logic not the answer itself
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