Which of the following is not a quality of IRR ?
AEasily communicated and understood
BCan be estimated even without knowing the discount rate
CIdeal to rank the mutually exclusive investments
DMost widely used
Correct answer
C. Ideal to rank the mutually exclusive investments
Explanation
Ideal to rank the mutually exclusive investments is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.