Question: The phenomenon called multiple internal rates of return arises when comparing projects with different sizes. comparing projects with different lives. a project has uneven cash
The phenomenon called "multiple internal rates of return" arises when comparing projects with different sizes. comparing projects with different lives. a project has uneven cash flows (i.e. cash outflows following cash inflows). O a project has a cash outflow followed by a series of cash inflows. the project manager assumes cash flows are reinvested at the IRR
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