When choosing the best project from two competing projects, if there is a conflict between the IRR
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Question:
When choosing the "best" project from two competing projects, if there is a conflict between the IRR and NPV choice, do you choose the project with the highest IRR or the one with the highest NPV, and why?
Related Book For
Foundations of Finance The Logic and Practice of Financial Management
ISBN: 978-0132994873
8th edition
Authors: Arthur J. Keown, John D. Martin, J. William Petty
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