K
kika258
Member
Hi, Can anyone please tell me how to get an initial estimate in finding the Internal Rate of Return?
I manage to get formulae well but fail to get an initial estimate for IRR and hence it will be very time consuming to find it through trial and error.
In the answers given, it seems that he is taking some kind of average of the payments/revenues, is that true?
Thanks a lot
Marika
I manage to get formulae well but fail to get an initial estimate for IRR and hence it will be very time consuming to find it through trial and error.
In the answers given, it seems that he is taking some kind of average of the payments/revenues, is that true?
Thanks a lot
Marika