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Which of the following statement(s) is(are) INCORRECT? a.If a project has conventional cash flows, then it will have exactly two IRRs b.If a project has
Which of the following statement(s) is(are) INCORRECT?
a.If a project has "conventional" cash flows, then it will have exactly two IRRs
b.If a project has "conventional" cash flows, then it will have one IRR, whereas a project with "non-conventional" cash flows might have more than one IRR
c.If a project has "conventional" cash flows, then its IRR must be positive
d.Statements a and c are incorrect
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