An investment with an initial cost of $4,000 produces cash flows of $3,400,−$500,$2,800,−$100,and $6,000 for Years 1 to 5,respectively.How many IRRs does this project have?
A)4
B)3
C)5
D)6
E)2

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The Answer of An investment with an initial cost of $4,000 produces cash flows of $3,400,−$500,$2,800,−$100,and $6,000 for Years 1 to 5,respectively.How many IRRs does this project have?
A)4
B)3
C)5
D)6
E)2

An Investment with an Initial Cost of $4,000 Produces Cash