In many countries, internal rate of return is the most popular capital budgeting technique, yet in almost

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In many countries, internal rate of return is the most popular capital budgeting technique, yet in almost all academic textbooks, NPV is put forward as the best method. Why do you think this is the case?

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Corporate Finance

ISBN: 9780077173630

3rd Edition

Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe

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Question Posted: Feb 19, 2024 01:01 AM

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In many countries, internal rate of return is the most popular capital budgeting technique, yet in almost

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The preference for the Net Present Value NPV over the Internal Rate of Return IRR as the recommended capital budgeting technique in academic textbooks stems from several important theoretical and prac...View the full answer

Corporate Finance

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