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Kannapiran Arjunan

Independent

United States

SCHOLARLY PAPERS

16

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6,301

TOTAL CITATIONS
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Top 45,626

in Total Papers Citations

39

Scholarly Papers (16)

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1.

IRR Performs Better than NPV: A Critical Analysis of Cases of Multiple IRR and Mutually Exclusive and Independent Investments

Revised and updated version as of 23 Aug, 2017
Number of pages: 31 Posted: 10 Feb 2017 Last Revised: 14 Sep 2017
Kannapiran Arjunan
Independent
Downloads 1,376 (35,872)
Citation 10

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Capital Investment Decision, IRR performs better than NPV, Multiple IRR and Mutually Exclusive Projects

2.

A New Method to Estimate NPV and IRR from the Capital Amortization Schedule and an Insight into Why NPV Is Not the Appropriate Criterion for Capital Investment Decision

Number of pages: 17 Posted: 19 Jan 2017 Last Revised: 13 Dec 2022
Kannapiran Arjunan
Independent
Downloads 1,255 (40,875)
Citation 11

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New Method to Estimate NPV from Capital Amortization Schedule, Problems with NPV Criterion, No Reinvestment of Income, MIRR Redundant

3.

The Controversial Reinvestment Assumption in IRR and NPV Estimates: New Evidence against Reinvestment Assumption

Cost‐benefit Analysis and the Controversial Reinvestment Assumption in IRR and NPV Estimates: Some New Evidence against Reinvestment Assumption, Economic Papers, 36 ( 3), 351– 63, 2017
Number of pages: 27 Posted: 17 Feb 2017 Last Revised: 21 Oct 2019
Kannapiran Arjunan and Karthi Kannapiran
Independent and Macquarie Bank Ltd.
Downloads 941 (61,620)
Citation 6

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CBA and Capital Investment, Validity of Reinvestment Assumption, New Evidence

4.

Validity of NPV Rule and IRR Criterion for Capital Budgeting and CBA (Published in Sing. J. Bus. Eco. & Mng, 11(2)2025,35-40
ISSN: 3009-0024 (Online))

Number of pages: 35 Posted: 10 Jan 2020 Last Revised: 02 Jul 2025
Kannapiran Arjunan
Independent
Downloads 763 (81,903)
Citation 1

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Capital Budegting and Cost Venefit Analysis, Validity of NPV Rule and IRR Criterion

5.

A Resolution to the Multiple IRR Problem: A New Method (Modified Capital Amortization Schedule (MCAS) Method) That Eliminates Multiple IRR and Leads to a Real and Unique IRR

Number of pages: 24 Posted: 18 Jul 2017 Last Revised: 28 Feb 2020
Kannapiran Arjunan
Independent
Downloads 396 (185,218)
Citation 3

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Resolution to Multiple IRR Problem, A Modified CAS method to Estimate Non Normal NCF, A Unique IRR

6.

Modified IRR (MIRR) Is a Spurious Criterion and Should Not Be Used in Cost-Benefit Analysis (CBA) and Investment Analysis

Forthcoming in the Journal of Economic and Finance Education
Number of pages: 29 Posted: 03 Apr 2017 Last Revised: 19 Apr 2025
Kannapiran Arjunan
Independent
Downloads 392 (187,465)
Citation 7

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MIRR a Spurious Criterion, MIRR Misleads Investment Decision

7.

Inflation Targeting Policy in Papua New Guinea: An Econometric Model Analysis

Pacific Economic Bulletin, Vol:15:2, 2000
Number of pages: 16 Posted: 06 Feb 2017
Kannapiran Arjunan
Independent
Downloads 203 (375,182)

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Inflation Targeting Papua New Guinea Econometric Model Analysis

8.

Non-monotonic NPV Function Leads to Spurious NPVs and Multiple IRR Problems: A Critical Analysis to Resolve These Problems

Non‐monotonic NPV Function Leads to Spurious NPVs and Multiple IRR Problems: A New Method that Resolves these Problems† Kannapiran C. Arjunan Economic Papers, Volume38, Issue1 March 2019 Pages 56-69.
Number of pages: 22 Posted: 21 Aug 2018 Last Revised: 24 Apr 2020
Kannapiran Arjunan
Independent
Downloads 201 (378,726)

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Capital Budgeting, Investment Analysis, Non-Normal NCF Investments, Non-Monotonic NPV Functions, Multiple IRR and Spurious NPVs and MIRR, New Method Resolves These Problems

9.

New Vistas in Cost-Benefit Analysis and Capital Budgeting to Perfect the IRR and NPV Estimates and to Resolve the Common Criticisms of Reinvestment and Multiple IRR

Presentation in the 55th Annual Meeting of the Academy of Economics and Finance, Houston, USA, February 15-17, 2018
Number of pages: 8 Posted: 06 Mar 2018 Last Revised: 20 Mar 2018
Kannapiran Arjunan
Independent
Downloads 159 (469,621)

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New Vistas in CBA and Capital Budgeting, Perfecting the IRR and NPV Estimates, Resolving the Problems of Reinvestment and Multiple IRR

10.

A Capital Amortization Schedule (CAS) Method for Capital Budgeting and Cost-Benefit Analysis (CBA): A Better Substitute for the DCF Method

Number of pages: 31 Posted: 14 May 2020
Kannapiran Arjunan
Independent
Downloads 157 (474,889)

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Capital Amortization Schedule (CAS) Method Is a Better Substitute for the DCF Method; CAS Method Illustrates Reinvestment Assumption Is Not Valid in All Cases

11.

Profitability of the Australian Beef Industry: A Break-Even Analysis

Agribusiness Review - Vol. 9 - 2001, Paper 7, ISSN 1442-6951
Number of pages: 23 Posted: 04 Jun 2017
Kannapiran Arjunan
Independent
Downloads 99 (694,528)

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Agribusiness Australian Beef Industry Profitability A Break-even Analysis

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Public Health, Prevention, Cost-Benefit of Fluoridation, Prevention of Dental Caries

13.

A Macroeconometric Model of a Developing Economy

Journal of the Asia Pacific Economy, Volume 8, Number 1, February 2003
Number of pages: 17 Posted: 23 Jan 2017
Kannapiran Arjunan
Independent
Downloads 90 (742,061)

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Macroeconometric Model, Construction, Estimation, Evaluation, Forecasting

14.

Stability of Money Demand and Monetary Policy in Papua New Guinea (PNG): An Error Correction Model Analysis

International Economic Journal, Volume 15, Number 3, Autumn 2001
Number of pages: 12 Posted: 26 Jan 2017
Kannapiran Arjunan
Independent
Downloads 64 (924,743)
Citation 1

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Money, Demand in Papua, New Guinea, EC Model, Demand for Money, Forecasting and Simulation, Models and Applications

15.

Strategic Investment and Resource Allocation Model (SIRAM): Preventing and Managing Preventable Chronic Diseases in NT Australia

Number of pages: 21 Posted: 25 Jan 2017 Last Revised: 04 Feb 2017
Kannapiran Arjunan
Independent
Downloads 58 (980,173)

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Health Economics, Health Financing, Economics of Preventing and Managing Preventable Chronic Diseases

16.

Determinants of Private Sector Investment in Papua New Guinea: An Error Correction Model Analysis

Pacific Economic Bulletin, Vol. 16.2001, 1, p. 86-94
Number of pages: 9 Posted: 07 Jun 2017
Kannapiran Arjunan
Independent
Downloads 57 (989,921)

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error correction model of private investment determinants