Question: QUESTION 23 Which statement about multiple IRRs is true? a. If a project is independent, then it cannot have multiple IRRs. b. For a project

 QUESTION 23 Which statement about multiple IRRs is true? a. If

QUESTION 23 Which statement about multiple IRRs is true? a. If a project is independent, then it cannot have multiple IRRs. b. For a project to have more than one IRR, both IRRs must be greater than the WACC. c. If two projects are mutually exclusive, then they are likely to have multiple IRRs. d. Multiple IRRs can occur only if the signs of the cash flows change more than once. 1 points Save Answer QUESTION 24 Which of the following is true regarding projects with non-normal cash flows? a. A project has non-normal cash flows when all of the cash flows have positive signs after the initial cash flow. b. A project has non-normal cash flows when the signs of the cash flows change more than once. C. A project has non-normal cash flows when all of the cash flows have positivo signs after the year 2. d. A project has non-normal cash flows when all of the cash flows have negative signs. 1 noints

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