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Which of the following statements is CORRECT? a. Multiple IRRs can occur only if the signs of the cash flows change more than once. O
Which of the following statements is CORRECT? a. Multiple IRRs can occur only if the signs of the cash flows change more than once. O b. For a project to have more than one IRR, then both IRRs must be greater than the cost of capital. c. If a project has two IRRS, then the smaller one is the one that is most relevant, and it should be accepted and relied upon. O d. If a project is independent, then it cannot have multiple IRRs. e. If two projects are mutually exclusive, then they are likely to have multiple IRRs
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