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And the answers is, C.
This was in Stalla’s practice exam #3 with the following explanation “Two values of IRR satisfy the cash flow pattern in Project B (0% and 100%), giving rise to the multilpe IRR problem. No values of IRR (“no IRR” problem create a zero NPV for the cash flow pattern in Project A.”
Looks as though this would fit with ov25’s description. Anyone want to elaborate? |
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发表于 2013-4-6 22:25
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