Question: Multiple IRRs This problem is useful for testing the ability of financial calculators and computer software. Consider the following cash flows. How many different IRRs

Multiple IRRs This problem is useful for testing the ability of financial calculators and computer software. Consider the following cash flows. How many different IRRs are there? ( Hint: Search between 20 percent and 70 percent.) When should we take this project?

Year Cash Flow 0 −$ 1,008 1 5,724 2 −12,140 3 11,400 4 −4,000

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