Quote:
Originally Posted by jIMOh
my function wizard does not have XIRR
running excel 2003.
the link does not show the math behind the calculation, can you display it here? thx
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I'm pretty sure the math for XIRR is not a simple equation. I believe Excel starts with a guess (of 10%, unless you give it a different guess) and tweaks it slightly up or down until it gets the correct answer.
2Cor521
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