Functions and CALL Routines

IRR Function

Returns the internal rate of return as a percentage.

Category:

Financial

Syntax
Arguments
Details
Comparisons
See Also

Syntax

IRR(freq,c0,c1,...,cn)

Arguments

freq

is numeric, the number of payments over a specified base period of time that is associated with the desired internal rate of return.

Range:	freq > 0.
Tip:	The case freq = 0 is a flag to allow continuous compounding.

c0,c1,...,cn

are numeric, the optional cash payments.

Details

The IRR function returns the internal rate of return over a specified base period of time for the set of cash payments c0, c1,...,cn. The time intervals between any two consecutive payments are assumed to be equal. The argument freq > 0 describes the number of payments that occur over the specified base period of time. The number of notes issued from each instance is limited.

Comparisons

The IRR function is identical to INTRR, except for in the IRR function, the internal rate of return is a percentage.