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Tech Geek likes to use IRR (Internal Rate of Return) as their main methodology for answering capital budgeting questions. Explain to Tech Geek why NPV
- Tech Geek likes to use IRR (Internal Rate of Return) as their main methodology for answering capital budgeting questions. Explain to Tech Geek why NPV (Net Present Value) is the superior capital budgeting methodology taking care to note the specific problems of nonconventional cash flows and mutually exclusive projects and the use of IRR.
- Tech Geek has heard this all before about capital budgeting and has shifted to using Modified IRR for its capital budgeting decision making in response. Provide examples and explain to Tech Geek why Modified IRR has its on set of problems when it comes to capital budgeting.
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