Which of the following statements is CORRECT?a. If you have a series o

QUESTION

Which of the following statements is CORRECT?a. If you have a series of cash flows, each of which is positive, you can solve for I, where the solution value of I causes the PV of the cash flows to equal the cash flow at Time 0.b. If you have a series of cash flows, and CF0 is negative but each of th¦
b. If you have a series of cash flows, and CF0 is negative but each of the following CFs is positive, you can solve for I, but only if the sum of the undiscounted cash flows exceeds the cost. If the sum of¦

scounted cash flows is equal to the cost, IRR = 0% if teh sum exceeds cost, it is positive IRR if SUm is less than cost, it has negative IRR

ANSWER:

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