The Meers Corporation is evaluating the following project. The CFO has determined that the appropriate risk-adjusted discount
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The Meers Corporation is evaluating the following project. The CFO has determined that the appropriate risk-adjusted discount rate is 10%. In theory, how many potential IRRs exist for the project? (enter a whole number)
| Year | Cash Flow |
| 0 | -20,000,000 |
| 1 | 3,000,000 |
| 2 | 3,000,000 |
| 3 | 3,000,000 |
| 4 | 3,000,000 |
| 5 | 4,000,000 |
| 6 | 4,000,000 |
| 7 | -1,000,000 |
| 8 | 4,000,000 |
| 9 | 4,000,000 |
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