Fundamentally IRR and discount rate are the same – it’s just a matter of whether one solves for the discount rate (i.e. IRR) or one solves for the present value (i.e. discount rate).
Fundamentally IRR and discount rate are the same – it’s just a matter of whether one solves for the discount rate (i.e. IRR) or one solves for the present value (i.e. discount rate).