Question: What issue does IRR face when dealing with projects that have an irregular series of cash flows? IRR can only handle projects with a single
What issue does IRR face when dealing with projects that have an irregular series of cash flows?
IRR can only handle projects with a single initial investment.
It always underestimates the project's return in such scenarios.
It simplifies the calculation by ignoring any cash flows after the initial investment.
It can lead to multiple correct IRR values.
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