In actual practice, managers frequently use the IRR because the results are easy to communicate and understand.

Name: In actual practice, managers frequently use the IRR because the results are easy to communicate and understand.
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The Internal Rate of Return (IRR) is a popular metric among managers for evaluating the profitability of potential investments because its single percentage outcome is straightforward and easy to communicate to stakeholders.

In Actual Practice, Managers Frequently Use the IRR Because the Results