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MIRR function choose project

How to use the Excel MIRR function?

The term MIRR (Modified Internal Rate of Return) is commonly used in corporate financial or financial management to indicate the profitability of an investment, and is therefore commonly used in making business decisions when choosing between investments. The MIRR calculation uses a series / payment schedule (which includes the initial outflow along with net income / gains), when calculating the MIRR of interest capitalization, it is assumed that the Net Present Value of the investment is zero.

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