Nonconventional cash flows?? result, method, exactly, multiple, 2010

rosewhite

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.

ftwcfa

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.