modified-internal-rate-of-return
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modified internal rate of return
Also called: MIRR
HB50
rate of return needed on the present value of capital expenditure (discounted at the equivalent risk capital borrowing rate) to yield the future value of all the net operating costs of an asset over its life cycle (discounted forward at the rate of interest on short term investment of funds to the end of the life cycle)
See also: benefit-cost ratio; discounted payback period; net present value; internal rate of return; simple rate of return
See also: benefit-cost ratio; discounted payback period; net present value; internal rate of return; simple rate of return
HB50
modified internal rate of return