Question: The following cash-flow pattern has two IRRs. Which statement is correct? Multiple Choice You will invest in this project if there is no discount rate
The following cash-flow pattern has two IRRs. Which statement is correct? Multiple Choice You will invest in this project if there is no discount rate (it's zero). The project has a positive NPV when the discount rate is 35%. There is no positive IRR for this project. As the discount rate goes up, the NPV of the project also goes up
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