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Name

MIRR Function — Microsoft.VisualBasic.Financial

Synopsis

MIRR(valuearray(  ), financerate, reinvestrate)

valuearray( ) required; Array of Double: An array of cash flow values
financerate required; Double: The interest rate paid as the cost of financing
reinvestrate required; Double: The interest rate received on gains from cash investment

Return Value

A Double representing the modified internal rate of return

Description

Calculates the modified internal rate of return, which is the internal rate of return when payments and receipts are financed at different rates.

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