MIRR

This topic has 1 reply, 2 voices, and was last updated 10 years ago by John Moffat.

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June 8, 2016 at 6:02 pm #321012
kimmerlyali
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Hi – for MIRR formula PV of the return phase do we include or exclude the cash outflow ie the investment? I’m referring to RIviere question where they included the 11840
June 9, 2016 at 8:05 am #321334
John Moffat
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We exclude the investment – this is part of the investment phase.

They have not included it in Riviere! Try adding up the PV’s of the return phase (they must obviously add up to the same as the NPV plus the initial investment).
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