Cheap Custom Essay:Compare and contrast the internal rate of return (IRR) method from the net present value method (NPV). Which would you prefer to use to evaluate investment opportunities and why?
1. Compare and contrast the internal rate of return (IRR) method from the net present value method (NPV). Which would you prefer to use to evaluate investment opportunities and why?
2. Describe how net present value is used in the financial decision-making process.
3. Explain the disadvantages of using the payback method.
5. It is true that sunk costs are always irrelevant when considering alternative investment opportunities in the future. Does it follow then that all future costs are relevant when considering two mutually exclusive future opportunities? If yes, why? If no, why not?