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cf_irr

cf_irr (routine)

Calculates the internal rate of return for a series of cash flows

Introduced in release: 1.0
Component: Business Calculator
Purpose: This routine calculates the internal rate of return for a series of grouped cash flows.

Special Considerations: When there is more than one sign change in a series of cash flows, there is the potential for more than one internal rate of return. This routine will return only the first one it finds.

Notes: This is a business calculator/spreadsheet type of function and should not be confused with the cash flow routines in the library specifically for fixed income securities.

Results: The function returns the calculated internal rate of return accurate to as many places as supported by a double precision value.

Error Conditions: Returned values should be ignored for a non-zero status. See Errors.

Last Mod Date: 02/14/1995© 2001 TIPS, Inc.Doc Version: 5.0