Which of the following statements is CORRECT?

Question 19 options:

	If a project has normal cash flows, then it can have only one IRR, whereas a project with nonnormal cash flows might have more than one IRR.
	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.
	If a project has normal cash flows, then its MIRR must be positive.
	If a project has normal cash flows, then its IRR must be positive.
	If a project has normal cash flows, then it will have exactly two real IRRs.