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What are the formulas behind the YIELDDISC function?
The YIELDDISC Function in EXCEL gives me my expected results. It is a great
ADD-IN Function. However, I have been asked to describe the Mathematical Formulas behind this Function and YIELDDISC is a black box on this issue. I know that it is based on IRR, but does anyone have a desciption (or a link to a description) that would be more "Textbook"? Thanks. |
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