Tool for investment decision

ROI and IRR ,both can guide the investor  .My question is, which one can measure the merits and demerits of  investment decision more effectively to investor?

Replies (1)
no tool can be given absolute preference for investor decision...

decisions shall base on various factor

period of investments
amount of investments
abosolute investment and absolute return
pattern of cash flow..nature of termiation benefit..and many more..

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