The internal rate of return ( IRR ) is often preferred by managers over the net present
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Question:
The internal rate of return IRR is often preferred by managers over the net present value NPV because the IRR:
A Is more reliable given unconventional cash flows.
B Is the discount rate that maximizes net profits.
C Is contingent upon the current market rates of return.
D Reveals the discount rate that maximizes the net present value.
E Is expressed as a rate while the NPV is expressed in dollar terms.
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