The theory and methods used to analyze the market, management, and policy elements of agricultural finance draw substantially on modern finance concepts, but with significant tailoring to the unique characteristics of agricultural sectors throughout the world. Both developed and developing...

Purpose – It is well known that internal rate of return ( IRR ) and net present value ( NPV ) rankings of mutually exclusive investments are sometimes inconsistent. This inconsistency, when it occurs, requires decision makers to choose between the two ranking methods. The purpose of this paper...