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On investment criteria based on the internal rate of return : a response

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Firms' investment and finance decisions : theory and empirical methodology

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in closely controlled companies. In accordance with the real option theory, the results suggest that uncertainty leads …

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On the Meaning of Internal Rates of Return and Why an Internal Rate of Return is Not an Investment Criterion

Osborne, Michael - 2011

All conceivable solutions to the internal rate of return equation are shown to have meaning as well as use. Internal rates of return are the units in which value is measured and the quantities of such units. This result implies a single internal rate of return cannot be an investment criterion....

Persistent link: https://www.econbiz.de/10013133342