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    Principles of Managerial Finance
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    Exam 10: Capital Budgeting Techniques
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    Certain Mathematical Properties May Cause a Project with a Nonconventional
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Certain Mathematical Properties May Cause a Project with a Nonconventional

Question 41

Question 41

True/False

Certain mathematical properties may cause a project with a nonconventional cash flow pattern to have multiple IRRs; this problem does not occur with the NPV approach.

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