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Modified IRR (MIRR) fixes IRR's reinvestment rate assumption by using explicit finance/reinvestment rates; often more realistic.

Stapsgewijze handleiding

  1. 1Input cash flows, finance rate (for negative CF), reinvestment rate (for positive CF)
  2. 2Calculate MIRR
  3. 3Compare to regular IRR

Uitgewerkte voorbeelden

Invoer
Standard IRR 25%, but reinvestment at 10%
Resultaat
MIRR ≈ 18% (more realistic)
Avoids unrealistic assumptions

Veelgemaakte fouten om te vermijden

  • Using same rate for finance and reinvestment
  • Not reflecting realistic opportunity costs

Veelgestelde vragen

Should I always use MIRR?

Yes if assumptions reasonable; more realistic than IRR for most projects.

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