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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › IRR Function
I discovered today that the practice platform (and therefore the exam) spreadsheet actually includes the IRR() function.
Would a student be penalized for using it rather than calculating via the interpolation method which is less accurate anyway?
Same question applies to the NRV() function.
After doing my own research I’m surprised to find that ACCA actually encourages their use in the exam:
“The NPV and IRR functions are available for use in section C of the examination. You can practice using these in the specimen exam of the constructed response workspace.”
The markers are aware of this, and you will still receive full marks.
