Question: A major problem with the IRR technique is: A. it can produce multiple answers when the cash flows are non-normal. B. It always produces an

A major problem with the IRR technique is:

A. it can produce multiple answers when the cash flows are "non-normal".

B. It always produces an answer that conflicts with the project's NPV.

C. That it uses the current cost of equity as the discount rate.

D. That it can only produce a positive result if the cash flows are "normal".

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