http://ww2.cfo.com/strategy/2004/10/internal-rate-of-return-a-cautionary-tale/and read Internal Rate of Return: A Cautionary Tale by John C. Kelleher and Justin J. MacCormack.
Fantastic news! We've Found the answer you've been seeking!
Question:
http://ww2.cfo.com/strategy/2004/10/internal-rate-of-return-a-cautionary-tale/and read "Internal Rate of Return: A Cautionary Tale" by John C. Kelleher and Justin J. MacCormack.
Then please explain the meaning and importance of "interim cash flows" together with their impact on the reliability of IRR as a decision method in capital budgeting.
What is your conclusion on the future of IRR as a project evaluation method? Explain.
Posted Date: