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Blue Bird Café Is Considering a Project with an Initial

Question 57

Multiple Choice

Blue Bird Café is considering a project with an initial cost of $46,800,and cash flows of $8,500,$25,000,$19,000,and −$4,500 for Years 1 to 4,respectively.How many internal rates of return do you expect this project to have?


A) 0
B) 1
C) 4
D) 3
E) 2

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