Which of the statements below is TRUE?

		When we apply IRR to standard cash flow, we have the potential for more than one IRR solution.
		A problem with IRR as a decision rule is that if the cash flow is not standard, there is a possibility of multiple IRRs for a single project.
		When we talk about standard cash flow for a project, we assume an initial cash outflow at the beginning of the project and negative cash flows in the future.
		For every period that the cash flow has a change of sign (negative to positive or positive to negative., the NPV profile could cross the y-axis, generating a MIRR.