Question: 1. Why do you think IRR continues to be as popular in practice as it is? Additionally, if you were looking at a sizable investment

1. Why do you think IRR continues to be as popular in practice as it is? Additionally, if you were looking at a sizable investment in a product line - what additional method(s) would you use to make the decision and why?

2. Explain a situation in a reality where the analyst would need to adjust for unequal lives by using the equivalent annuity technique?

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