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A Project Costing $20,000 Generates Cash Inflows of $9,000 Annually

Question 94

Multiple Choice

A project costing $20,000 generates cash inflows of $9,000 annually for the first three years, followed by cash outflows of $1,000 annually for two years.At most, this project has ______ different IRR(s) .


A) One
B) Two
C) three
D) five

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