Which technique would you prefer out of NPV and IRR if the projects were independent projects and why? ( 300 words)​

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter10: The Basics Of Capital Budgeting: Evaluating Cash Flows
Section10.5: Modified Internal Rate Of Return (mirr)
Problem 4ST
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Which technique would you prefer out of NPV and IRR if the projects were independent projects and why? ( 300 words)​
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