Yankovoy, Alexander G.; Melnik, Nadezhda V. - In: Journal of Applied Management and Investments 1 (2012) 4, pp. 502-508
The paper examines the methodological problems of the use of the most impor-tant criteria for the evaluation of investment projects, based on discounted cash flows. Authors consider the properties, advantages and disadvantages of the modified internal rate of return (MIRR) in the process of...