Provide an intuitive explanation of the modified internal rate of return (MIRR) financial performance metric. How does
Question:
How does MIRR differ from IRR?
Internal Rate of Return
Internal Rate of Return of IRR is a capital budgeting tool that is used to assess the viability of an investment opportunity. IRR is the true rate of return that a project is capable of generating. It is a metric that tells you about the investment...
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The internal rate of return IRR of a project assumes that the cash inflows from the project are rein...View the full answer
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Related Book For 
Cost management a strategic approach
ISBN: 978-0073526942
5th edition
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
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