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Why is the MIRR method an improvement over the IRR method? The modification is more sophisticated than the original method. One can see clearly the
Why is the MIRR method an improvement over the IRR method?
The modification is more sophisticated than the original method.
One can see clearly the impact of compounding on future cash flows.
It is a more accurate method than the NPV method.
It allows the analyst to set the reinvestment rate for intermediate cash flows instead of allowing the calculation to set it
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Quantitative Financial Analytics The Path To Investment Profits
Authors: Edward E Williams, John A Dobelman
1st Edition
9813224258, 978-9813224254
