IRR performs better than NPV - As revealed by the New method (CAS based)

A capital amortization schedule based method is useful to estimate IRR and NPV that eliminates reinvestment and multiple IRR, and to estimate IRR on total capital invested. Please refer to SSRN for the following papers: 1. A New Method to Estimate NPV
2. IRR Performs Better than NPV 3. The Controversial Reinvestment in CBA
4. MIRR is a Spurious criterion and should not be used in cost-benefit analysis and investment analysis 5. A Resolution to the Problem of Multiple IRR: A Modified Capital Amortization Schedule (MCAS) Method for Non-Normal Cash flow (NNCF) to Obtain a Unique IRR (July 11, 2017).

Dr Kannapiran C. Arjunan

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