Chris Gallant, CFA, is a senior manager of interest rate risk for ATB Financial with 10 years of experience in the financial markets. Andy Smith is a Certified Financial Planner (CFP®), licensed ...

Each approach has distinct advantages and disadvantages. Both IRR and NPV are useful to decide what projects to green-light and what profitability a company can expect from them. Internal rate of ...

Net present value (NPV) assesses the profitability of an investment on the basis that a dollar in the future isn't worth the same as a dollar today. NPV calculations are useful when you're ...