Net Present Value and Returns to the Equity Holders

Net present value (NPV) is defined as the sum of the present values of the individual cash flows (both incoming and outgoing) of a series of cash flows. In other words, it is the current worth of a future sum of money or stream of cash flows at a certain discount...
Why we don’t use Excel’s MIRR formula?

Why we don’t use Excel’s MIRR formula?

In the previous post we discussed various excel formulas to calculate IRR, and we know for sure that the modified internal rate of return (MIRR) is a better performance indicator than the internal rate of return (IRR). But why don’t we always calculate MIRR or use...

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