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Essay heading: Irr A Cautionary Tale
 
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Issue: Business
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Date added: January 22, 1996
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No of pages / words: 6 / 1546
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That ease of comparison seems to outweigh what most managers view as largely technical deficiencies that create immaterial distortions in relatively isolated circumstances. Admittedly, some of the measure's deficiencies are technical, even arcane, but the most dangerous problems with IRR are neither isolated nor immaterial, and they can have serious implications for capital budget managers...
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That ease of comparison seems to outweigh what most managers view as largely technical deficiencies that create immaterial distortions in relatively isolated circumstances. Admittedly, some of the measure's deficiencies are technical, even arcane, but the most dangerous problems with IRR are neither isolated nor immaterial, and they can have serious implications for capital budget managers...
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