Question: Apply the ERR method with Ïµ = 12% per year to the following series of cash flows. Is there a single, unique IRR for these

Apply the ERR method with Ïµ = 12% per year to the following series of cash flows. Is there a single, unique IRR for these cash flows? What is the maximum number of IRRs suggested by Nordstrom's criterion?

$6,000 4,000 MARR-12%/yr $1,000 5,000 End of Year

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