The internal rate of return (IRR) together with the present value (PV) is used as a popular measure for financial project. When used appropriately, it can be a valuable aid in project acceptance or selection. The purpose of this article is to survey the facts about this criterion published so far. More, we investigate the cases of multiple or nonexistent IRRs and try to choose the relevant one and explain its economic meaning.
@article{702871,
title = {Remarks on the economic criterion - the Internal rate of return},
booktitle = {Programs and Algorithms of Numerical Mathematics},
series = {GDML\_Books},
publisher = {Institute of Mathematics AS CR},
address = {Prague},
year = {2008},
pages = {170-176},
zbl = {1200.91295},
url = {http://dml.mathdoc.fr/item/702871}
}
Simerská, Carmen. Remarks on the economic criterion - the Internal rate of return, dans Programs and Algorithms of Numerical Mathematics, GDML_Books, (2008), pp. 170-176. http://gdmltest.u-ga.fr/item/702871/