Calculates the internal rate of return of an investment based on a specified series of potentially irregularly spaced cash flows.
Sample Usage
XIRR(B2:B25,C2:C25)
XIRR({-4000,200,250,300},{DATE(2012,01,01),DATE(2012,06,23),DATE(2013,05,12),DATE(2014,02,09)},0.09)
Syntax
XIRR(cashflow_amounts, cashflow_dates, [rate_guess])
-
cashflow_amounts
- An array or range containing the income or payments associated with the investment.cashflow_amounts
must contain at least one negative and one positive cash flow to calculate rate of return.
-
cashflow_dates
- An array or range with dates corresponding to the cash flows incashflow_amounts
. -
rate_guess
- [ OPTIONAL - 0.1 by default ] - An estimate for what the internal rate of return will be.
Notes
-
If the days specified in
cashflow_dates
are at a regular interval, useIRR
instead. -
Each cell in
cashflow_amounts
should be positive if it represents income from the perspective of the owner of the investment (e.g. coupons) or negative if it represents payments (e.g. loan repayment). -
XNPV
will return zero ifdiscount
is set to the result ofXIRR
using the same cash flow amounts and schedule.
See Also
XNPV
: Calculates the net present value of an investment based on a specified series of potentially irregularly spaced cash flows and a discount rate.
PV
: Calculates the present value of an annuity investment based on constant-amount periodic payments and a constant interest rate.
NPV
: Calculates the net present value of an investment based on a series of periodic cash flows and a discount rate.
MIRR
: Calculates the modified internal rate of return on an investment based on a series of periodic cash flows and the difference between the interest rate paid on financing versus the return received on reinvested income.
IRR
: Calculates the internal rate of return on an investment based on a series of periodic cash flows.