Question: What is the necessary condition required for multiple IRRs? Group of answer choices a. More than 3 sign changes in the periodic cash flows b.

What is the necessary condition required for multiple IRRs?

Group of answer choices

a. More than 3 sign changes in the periodic cash flows

b. A decrease in market interest rates

c. None of these are correct

d. More than 1 sign change in the periodic cash flows

e. More than 2 sign changes in the periodic cash flows

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