Under what circumstances is an irr a rate of return under, Financial Management

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Under what circumstances is an irr a rate of return under

1. Under what circumstances is an IRR a rate of return? Under what circumstances is a rate of return an IRR?

2. Give an example of a problem that has multiple IRR solutions.

3. Your project has cash flows of -$1,000 in year 0, +$3,550 in year 1, -$4,185 in year 2, and +$1,638 in year 3. What is its IRR?

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Financial Management: Under what circumstances is an irr a rate of return under

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