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To XIRR or Not To XIRR
What IRR is the investment community most familiar with? I want to
publish an effective annual rate for my investors. We give monthly distributions at the end of the month. And from what I understand I have at least two options: 1) XIRR() 2) ((1+IRR())^12)-1 Which one of these calculations (or other) is the most commonly accepted. Thank you, Jonathan |
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