Real Estate Analyst Question: Tell me in calculating project IRR should we consider financing cash flow? Real Estate Analyst Interview QuestionAnswer: No, project IRR doesn’t take into consideration the financing cash flows. Equity IRR does. Previous QuestionNext QuestionSuppose if a project has zero NPV and the discount rate is 10%; what will be the project IRR?Tell me if you have to decide a project’s merit on the basis of only one performance indicator, which indicator will you choose?