Referencing Styles : Open 1. Describe the Net Present Value (NPV) method for investment appraisal and explain the arguments that suggest that NPV should be preferred to Internal Rate of Return (IRR) when choosing among mutually exclusive capital investment projects. Also include the advantages and disadvantages of the NPV over the IRR 1. Describe the Net Present Value (NPV) method for investment appraisal and explain the arguments that suggest that NPV should be preferred to Internal Rate of Return (IRR) when choosing among mutually exclusive capital investment projects. Also include the advantages and disadvantages of the NPV over the IRR Read Less