What is the internal rate of return on a human capital investment? Given the internal rate of

Question:

What is the internal rate of return on a human capital investment? Given the internal rate of return, what is the appropriate investment criterion? Compare this to the criterion relevant to the present value approach.

Internal Rate of Return
Internal Rate of Return of IRR is a capital budgeting tool that is used to assess the viability of an investment opportunity. IRR is the true rate of return that a project is capable of generating. It is a metric that tells you about the investment...