What might be some of the problems in estimating the IRR for this project?
2
但它早前于2004年成立的一只规模更小的中国基金,已经产生了高达33%的内部回报率。
An earlier, smaller China fund, set up in 2004, has generated a respectable internal rate of return of 33%, however.
3
尽管存在无法弥补的缺陷,但内部回报率仍然盛行的原因在于,它们不要求你明确说明资金成本或另类回报率。
The reason internal rate of return calculations remain popular, despite their overwhelming disadvantages, is that they do not require you to specify the cost of capital or alternative rate of return.