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标题: Nonconventional cash flows?? [打印本页]

作者: rosewhite 时间: 2011-7-11 20:00 标题: Nonconventional cash flows??

What does this mean exactly?

If the cash flows of the project are nonconventional, the IRR method can result in multiple IRRs.

Edited 1 time(s). Last edit at Friday, December 3, 2010 at 03:34PM by mnieman.

作者: ftwcfa 时间: 2011-7-11 20:00

conventional CF for a project is a neg CF to begin the project with positive CF's thereafter.

Non-conventional means the CF's change b/w neg and pos CF's more than once.

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