One of the less flattering interpretations of the acronym MIRR is meaningless internal rate of return. Why

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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: 9781265553609

13th Edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Aug 24, 2021 05:42 AM

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One of the less flattering interpretations of the acronym MIRR is meaningless internal rate of return. Why

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The MIRR is used to rank investments or projects of unequal size The calculation is a solution to tw...View the full answer

Fundamentals Of Corporate Finance

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