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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 -5000

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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 -5000 15000 -10000 0 2 This project has a single IRR of O percent. This project has two IRRs of O and 100 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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