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pompa pompa
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7 years ago
On a purely theoretical basis, NPV is preferred over IRR because NPV assumes a more conservative reinvestment rate and does not exhibit the mathematical problem of multiple IRRs that often occurs when IRRs are calculated for nonconventional cash flows.
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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UlainUlain
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7 years ago
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pompa Author
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7 years ago
Smart ... Thanks!
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This calls for a celebration Person Raising Both Hands in Celebration
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2 hours ago
Just got PERFECT on my quiz
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