The modified internal rate of return measure was created to, Ask an Expert

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The Modified Internal Rate of Return measure was created to eliminate the unrealistic reinvestment rate assumption of the Internal Rate of Return. Given that MIRR is better than IRR, does the MIRR have any disadvantages? Or is the MIRR an equivalent measure to the net present value? In other words, will the MIRR and NPV agree in it's accept/reject decision all of the time?

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Financial Management, Finance

Category:- Financial Management
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