The internal rate of return of fuzzy cash flows.
Biacino, Loredana ; Simonelli, M. Rosaria
Stochastica, Tome 13 (1992), p. 13-22 / Harvested from Biblioteca Digital de Matemáticas
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An internal rate of return (IRR) of an investment or financing project with cash flow (a0,a1,a2,...,an) is usually defined as a rate of interest r such that

a0 + a1(1 + r)-1 + ... + an(1 + r)-n = 0.

If the cash flow has one sign change then the previous equation has a unique solution r > -1.

Generally the IRR technique does not extend to fuzzy cash flows, as it can be seen with examples (see [2]). In this paper we show that under suitable hypothesis a unique fuzzy IRR exists for a fuzzy cash flow.

Publié le : 1992-01-01
DMLE-ID : 2012 
@article{urn:eudml:doc:39277,
     title = {The internal rate of return of fuzzy cash flows.},
     journal = {Stochastica},
     volume = {13},
     year = {1992},
     pages = {13-22},
     zbl = {0825.90068},
     mrnumber = {MR1197323},
     language = {en},
     url = {http://dml.mathdoc.fr/item/urn:eudml:doc:39277}
}

Biacino, Loredana; Simonelli, M. Rosaria. The internal rate of return of fuzzy cash flows.. Stochastica, Tome 13 (1992) pp. 13-22. http://gdmltest.u-ga.fr/item/urn:eudml:doc:39277/