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Which of the following statements is CORRECT? O To solve for I one must identify the value of I that causes the PV of the

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Which of the following statements is CORRECT? O To solve for I one must identify the value of I that causes the PV of the positive CFs to equal the absolute value of the PV of the negetive CFs. This is, essentially, a trial-and-error procedure that is easy with a computer or financial calculator but quite difficult otherwise. O If yau solve for I and get a negative number, then you must have made a mistake O If you have a series of cash flows, and CFO is negative but each of the following CFs is positive, you can solve for I, but only if the sum of the undiscounted cash flows exceeds the cost O If you heve a series of cash flows, each of which is positive, you can solve for L where the solution value of I causes the PV of the cash flows to equal the cesh flow at Time O

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