Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Definition of 'Modified Internal Rate of Return' The rate of return which equates the initial investment with a projects terminal value, where the terminal value is the future value of the cash ...

Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. Yarilet Perez is an experienced multimedia journalist and ...

The internal rate of return, or IRR, is the interest rate that provides a net present value, or NPV, of future cash flows equal to the initial investment amount. Flip that definition around, and the ...

Q. I have prepared projections for a proposed project, and I want to calculate the internal rate of return. Instead of using Excel’s IRR function, should I use simple math formulas so others can ...

MIRR adjusts for differences in the perceived reinvestment rates of positive cashflows (the money a company receives) and cash outflows (the money a company spends) derived from the net present value ...

Modified internal rate of return (MIRR) is used to assess the cost and profitability of a future project for a company. Unlike the standard internal rate of return (IRR), MIRR assumes that positive ...