Define yield (internal rate of return). When is it appropriate to use yield rather than the HPR

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Define yield (internal rate of return). When is it appropriate to use yield rather than the HPR to measure the return on an investment?

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Fundamentals of Investing

ISBN: 978-0133075359

12th edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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Question Posted: Apr 28, 2015 03:31 AM

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Define yield (internal rate of return). When is it appropriate to use yield rather than the HPR

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The yield or IRR is the annual rate of return earned by a longterm investment It is ...View the full answer

Fundamentals of Investing

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