The modified internal rate of return assumes that positive cash flows are reinvested at the cost of capital and initial outlays are financed at the firm's financing cost.

Definition of 'Modified Internal Rate of Return' The rate of return which equates the initial investment with a projects terminal value, where the terminal value is the future value of the cash ...

Internal rate of return (IRR) and return on investment (ROI) are two popular ways to measure the success of investments. Learn the differences between them.

Excel offers three functions for calculating the internal rate of return, and I recommend you use all three.

Projected Return on Invested Money The internal rate of return, or IRR, is the interest rate that provides a net present value, or NPV, of future cash flows equal to the initial investment amount.

Hurley, Rao and Pardey (2014) analytically and empirically evaluate the internal rate of return (IRR) vis a vis the modified internal rate of return (MIRR) for investments in agricultural research and ...

What is MIRR? Modified internal rate of return (MIRR) is used to assess the cost and profitability of a future project for a company. Unlike the standard internal rate of return (IRR), MIRR assumes ...

Learn about the modified internal rate of return (MIRR), how to calculate it and why it matters to traders.