JoeyDVivre

chefe_ Wrote:
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> soddy1979 Wrote:
> --------------------------------------------------

> > The only way you could ever have no IRR would
> be
> > if you had an outflow only. Then your return
> would
> > be zero percent. That's B gone.
>
> don't you think that your return would be -100%?

Sorry I should have said this is indeterminate (ie it's not -100% or 0%). It still means there is no IRR though. However, as the question has multiple cash flows it still rules out B.

I stand corrected on this, but I thought the number of IRRs was the same as the number of changes in cash flow direction. I didn't think this was ambiguous.

This is definitely a conceptual question though.