a. Under what circumstances will the IRR and NPV rules lead to the same accept-reject decisions? When might they conflict?
b. Is it generally true that an advantage of the IRR rule over the NPV rule is that we don't need to know the required return to use the IRR rule?

Answer rating: 100% (QA)

a Condition for same acceptreject decision in NPV and IRR There are two conditions in which the NPV ... View the full answer