The Internal Rate of Return (IRR) method offer which of the following advantages?
A. It recognises the time value of money
B. It is consistent with the shareholders’ profit-maximization objective also
C. It considers all cash flows occurring over the entire life of the project
D. It generally gives the same acceptance rule as the NPV method
E. It considers all positive NPV over the entire life of the project
Choose the correct answer from the options given below:
1
A, B and C only
2
B, C and E only
3
A, B, C and D only
4
A, D and E only
5
None of the above