What is a major benefit of using IRR for project evaluation?

پروجیکٹ کی تشخیص کے لیے آئی آر آر استعمال کرنے کا بڑا فائدہ کیا ہے؟

Simplicity

Objective profitability measure

No need for discount rates

Ignores time value of money

IRR provides an objective profitability measure.

It enabling easy project comparisons and evaluations.

It considering time value of money for a comprehensive financial picture.