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Will a decision that is based on NPV change with IRR?

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When using the IRR approach, when can the internal rate of return be determined simply by dividing the initial outlay by the cash flows? Will a decision that is based on NPV ever change if it were based on IRR instead? Why or why not?

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When using the IRR approach, when can the internal rate of return be determined simply by dividing the initial outlay by the cash flows? Will a decision that is based on NPV ever change if it were based on IRR instead? Why or why not?
The IRR can be found by dividing the initial outlay by cash flows if the cash flows occur exactly one year from the outlay. ...

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  • MSc, University of Virginia
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