TRUECALC
Functions

MIRR

Modified internal rate of return

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When to use it

When should I use MIRR instead of IRR?

Use MIRR when you want to avoid IRR's assumption that interim cash flows are reinvested at the same IRR — MIRR lets you specify a separate reinvestment rate and a finance rate for costs.

Used in

finance

Syntax

MIRR(values, finance_rate, reinvest_rate)

Examples

=MIRR({-4000,200,250,300,350},0.08,0.11) // => -0.25015913212038143

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