XIRR FUNCTION
Hi Lynndale,
With:
-83948.81 in cell A1
84568.12 in cell A2
4/1/2008 in cell B1
4/30/2008 in cell B2
=XIRR(A1:A2,B1:B2,0.1)
equals 9.69%
The dates in your formula are not clear.
Thanks
Peggy
"Lynndale" wrote:
USING THE FINANCIAL FUNCTION i AM TRYING TO CALCULATE THE ANNUAL RATE OF
RETURN FOR THE LAST QUARTER FOR A FUND. FILLING IN THE ARGUMENTS FOR THE
FUNCTION i GET THE FOLLOWING
"=XIRR("-83948.81:84568.12",(4/1/6:2008/30/2008),0.1)" THE FIRST VALUE IS THE
BEGINNING MARKET VALUE AND THE SECOND VALUE IS THE ENDING MARKET VALUE WITH
THE CORRESPONDING DATES.
COULD SOMEONE SHOW WHAT I AM DOING WRONG?
tHANKS
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