Understanding the IRR function in Excel It can calculate the return on your SIP investments with ease By Anand Kalyanaraman ...

Why Excel falls short The Internal Rate of Return is a key metric used by investors, business managers and many other decision-makers to evaluate project profitability and viability. In the past, an ...

This would be the reinvestment rate, and the modified IRR spreadsheet function, or MIRR, would calculate a cash flow IRR using that rate as cash flows are deposited in the bank.

The IRR function in Excel can be used in the case of bonds. However, the rate function can be used for computing the IRR on the coupon date of a bond.