iteracom

B is right.

not see any problem on the explanation. high nagitive cash flow will cause mutiple IRR since the "fuction" will have 2 values.


BTW, the "function" is the Quadratic Equation used in discounting NPV and IRR.



Edited 1 time(s). Last edit at Wednesday, May 26, 2010 at 04:37AM by coshair.