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What is the difference between Modified Internal Rate of Return (MIRR) and Internal Rate of Return (IRR) in Capital Budgeting?

Financial Management Capital Budgeting Finance
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Question added by Sunil Pandey , Auditor , MB Group
Date Posted: 2016/02/23
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Rehan Qureshi
by Rehan Qureshi , Financial Consultant , Self Employeed

mr. Georgei has a good answer above

georgei assi
by georgei assi , مدير حسابات , المجموعة السورية

IRR determine the internal rate of return using cash flows that occur at regular intervals, monthly or yearly

MIRR determine the average internal rate of return using cash flows that occur at regular intervals, monthly or annually

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