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You are evaluating a project with the following net cash flows. Which statement best describes the IRR for this project? Year Net Cash Flow 0

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You are evaluating a project with the following net cash flows. Which statement best describes the IRR for this project? Year Net Cash Flow 0 -10000 1 90000 -50000 2 This project has a single IRR of -40.5 percent. This project has two IRRs of approximately 12.7 and 787.3 percent. This project has two IRRs of approximately 14.6 and 685.4 percent. This project has two IRRs of approximately -40.5 and 740.5 percent. This project has no IRR, because the NPV profile does not cross the X axis.

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