What are the potential faults in using the IRR as a capital budgeting technique Given these faults, why is this technique so popular among corporate managers ...

The IRR suffers from several problems The IRR is not well suited to ranking projects wit ...

What are the potential faults in using the IRR as a capital budgeting technique? Given these faults,

Question:

What are the potential faults in using the IRR as a technique? Given these faults, why is this technique so popular among corporate managers?
Capital Budgeting
Capital budgeting is a practice or method of analyzing investment decisions in capital expenditure, which is incurred at a point of time but benefits are yielded in future usually after one year or more, and incurred to obtain or improve the...