Modified Internal Rate of Return
Key Facts
Abbreviation
MIRR
Pronunciation
/ˈmɑdəˌfaɪd ˌɪnˈtərnəl reɪt əv rɪˈtərn/
Category
Business
Related Field
General
Examples in Context
- Returns the modified internal rate of return for a series of periodic cash flows
- Application of net present value and modified internal rate of return to investment
- First, the thesis compares NPV and IRR, putting great emphasis on the shortcomings of the IRR and preferring the method of MIRR ( Modified Internal Rate of Return(MIRR) ) as a replacement.