FinancialLevel: ExpertAvailable in: Excel 2007+
In this article
- Syntax
- Examples
- Example 1
- Related functions
MIRR fixes IRR’s optimistic assumption that cash is reinvested at the IRR itself, using separate finance and reinvestment rates.
Syntax
=MIRR(values, finance_rate, reinvest_rate)
| Argument |
What it means |
finance_rate |
Cost of borrowing. |
reinvest_rate |
What you actually earn on cash received. |
Examples
Example 1
=MIRR(B2:B7, 10%, 7%)
Project return assuming 10% funding cost and 7% reinvestment.
IRR · XIRR
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