![]() Guess (optional argument): This is a number guessed by the user that is close to the expected internal rate of return (as there can be two solutionsfor the internal rate of return). The cash flows do not necessarily have to be even, but they must occur at regular intervals, for example, monthly, quarterly, or annually.Ģ.IRR in Excel interprets the order of cash flows based on values the values should be in sequential order. ![]() Those values are ignored if the array or reference argument contains logical values, empty cells, or text.The value argument should contain at least one positive and one negative value to calculate the return’s internal rate.Values can be a reference to a range of cells containing values. Cash flows include investment and net income values. Values (required argument): This is an array of values representing the series of cash flows. The IRR function uses the following arguments:ġ.
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