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Read the article, A Refresher on Internal Rate of Return by Amy Gallo. After reading the article, please share your thoughts about NPV rule (
Read the article, "A Refresher on Internal Rate of Return" by Amy Gallo. After reading the article, please share your thoughts about NPV rule net present value and IRR rule internal rate of return
Your response could include, but not be limited to one of the following questions.
Do you agree with the comment? Why or why not? While IRR may be easier to understand than NPV NPV should be used as a final decision criterion for investment.
As a financial manager, which investment decision rule would you prefer to use in practice?
Do you see any mistakes in Mr Joe Knight's comments in that report?
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