Why do most academics and financial executives regard the NPV as being the single best criterion and better than the IRR? Why do companies still calculate IRRs?

FINANCIAL MANAGEMENT – ASSESSMENT BPage 1 of 6ASSESSMENT Instruction : This Assessment is open-book. There is no time limit, and you may use your textbooks, other supporting material and and Excel financial formulae for your reference and assistance. Please answer all questions. Question 1 (15 marks) (Working with financial statements) Based on the information for […]