What is Internal Rate of Return? IRR Concept Explained

IRR Simplified:
Internal Rate of Return for FM | Capital Budgeting | Concept Explanation

This video covers a simple and easy-to-understand explanation for IRR. We deviate from the standard definition which says "IRR is the discount rate at which NPV is zero", as this alternative approach will help you understand the concept in depth without needing to know NPV or discounting.