Question: 2. 24. Multiple IRRs [LO 9.5] This problem is useful for testing the ability of financial calculators and spreadsheets. Consider the following cash flows. How
2. 24.
Multiple IRRs [LO 9.5] This problem is useful for testing the ability of financial calculators and spreadsheets. Consider the following cash flows. How many different IRRs are there? (Hint: Search between 20 per cent and 70 per cent.) When should we take this project?

Year Cash flow 0 -$ 3024 17172 2 - 36420 3 4 34 200 - 12000
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