Valach, Josef - In: Český finanční a účetní časopis 2013 (2013) 3, pp. 114-121
internal rate of return is more universal criterion. It does not use the iterative procedures and assumes that cash flows are … reinvested at the firm’s required rate of return. Modified internal rate of return is so depend up required rate of return as net …From theoretical point of view net present value is the best technics for investment project evaluation. Internal rate …