MIRR Function |
Microsoft.VisualBasic.Financial
MIRR( valuearray ( ), financerate, reinvestrate )
An array of cash flow values
The interest rate paid as the cost of financing
The interest rate received on gains from cash investment
A Double representing the modified internal rate of return
Calculates the modified internal rate of return, which is the internal rate of return when payments and receipts are financed at different rates
valuearray must be a one-dimensional array that contains at least one negative value (a payment) and one positive value (a receipt). The order of elements within the array should reflect the order in which payments and receipts occur.
financerate and reinvestrate are percentages expressed as decimal values. For example, 10% is expressed as 0.10.
Each element of valuearray represents a payment or a receipt that occurs at a regular time interval. If this is not the case, MIRR will return erroneous results.
IRR Function