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IRR formula: weird pattern
I found some older post, so it is known that the IRR of +10, +10 and
-15 is -18% while if I have the -15 as first number instead, IRR is +22% Why is that? my understanding of IRR is that the later the negative outflow, the better the IRR should be. -18% 10 10 -15 22% -15 10 10 |
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