13. Modified internal rate of return [LO 9.6] One of the less flattering interpretations of the acronym

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13. Modified internal rate of return [LO 9.6] One of the less flattering interpretations of the acronym MIRR is ‘meaningless internal rate of return'. Why do you think this term is applied to MIRR?

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Fundamentals Of Corporate Finance

ISBN: 9781743768051

8th Edition

Authors: Stephen A. Ross, Rowan Trayler, Charles Koh, Gerhard Hambusch, Kristoffer Glover, Randolph W. Westerfield, Bradford D. Jordan

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