Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

When calculating for the annual rate of return on an investment using the XIRR function in excel, is it correct to include the purchase price

When calculating for the annual rate of return on an investment using the XIRR function in excel, is it correct to include the purchase price (as a negative value) along with all the dividends earned and the sold price into the formula?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Risk Sensitive Investment Management

Authors: Mark H A Davis, Sébastien Lleo

1st Edition

9814578037, 978-9814578035

More Books

Students also viewed these Finance questions

Question

Factor the given expressions completely. W 2 b x +2 144b x

Answered: 1 week ago

Question

What were your most important educational experiences?

Answered: 1 week ago

Question

Which personal relationships influenced you the most?

Answered: 1 week ago