Question

Which of the following statements is CORRECT? a. Multiple IRRs can occur only if the signs of the cash flows change more than once. b. If a project has two IRRs, then the smaller one is the one that is most relevant, and it should be accepted and relied upon.

Answer 1

Answer: i think the answer is

a. Multiple IRRs can occur only if the signs of the cash flows change more than once.

Step-by-step explanation: