Homework SourseOne advantage of the NPV over the IRR is that NPV takes acco
One advantage of the NPV over the IRR is that NPV takes account of cash flows over a project
Solution
One advantage of the NPV over the IRR is that NPV assumes that cash flows will be reinvested at the WACC whereas IRR assumes that cash flows are reinvested at the IRR, and the NPV\'s assumption is generally more likely to be appropriate.-correct answer
