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Would you rate IRR over NPV or vice versa for measuring the effectiveness of project feasibility?

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Question added by Vijay Kalpathy Ganapathy , Wealth Manager , Self Employed
Date Posted: 2014/06/30
Gaurav Kumar
by Gaurav Kumar , Research Analyst (Associate Director) , D. E. Shaw India Financial Services

In my view, NPV is a better measure. If your cash flows change sign more than once then IRR can give conflicting results.