Calculates the modified internal rate of return on an investment based on a series of periodic cash flows and the difference between the interest rate paid on financing versus the return received on reinvested income.
MIRR(cashflow_amounts, financing_rate, reinvestment_return_rate)
cashflow_amounts- An array or range containing the income or payments associated with the investment.
cashflow_amountsmust contain at least one negative and one positive cash flow to calculate rate of return.
financing_rate- The interest rate paid on funds invested.
reinvestment_return_rate- The return (as a percentage) earned on reinvestment of income received from the investment.
- Each cell in
cashflow_amountsshould be positive if it represents income from the perspective of the owner of the investment (e.g. coupons) or negative if it represents payments (e.g. loan repayment).
XNPV: Calculates the net present value of an investment based on a specified series of potentially irregularly spaced cash flows and a discount rate.
XIRR: Calculates the internal rate of return of an investment based on a specified series of potentially irregularly spaced cash flows.
PV: Calculates the present value of an annuity investment based on constant-amount periodic payments and a constant interest rate.
NPV: Calculates the net present value of an investment based on a series of periodic cash flows and a discount rate.
IRR: Calculates the internal rate of return on an investment based on a series of periodic cash flows.
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