IRR methodology-Essay

You are required to critically analyse why you are surprised that such a large percentage of companies use the IRR methodology and also to indicate why they may be tempted to do so.
Order Instructions:
Arnold and Hatzopoulos (2000) state that 81% of UK companies use the IRR as a method of capital investment appraisal and 80% use the NPV.
You are required to critically analyse why you are surprised that such a large percentage of companies use the IRR methodology and also to indicate why they may be tempted to do so.

dear:
you need to write NPV?and IRR basic theory (You are required to critically analyse why you are surprised that such a large percentage of companies use the IRR methodology and also to indicate why they may be tempted to do so.)
do not focus on Arnold and Hatzopoulos’s opinion

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