A More General Sufficient Condition for A Unique Nonnegative Internal Rate of Return

Richard H. Bernhard

Journal of Financial and Quantitative Analysis, 1979, vol. 14, issue 2, 337-341

Abstract: In a past issue of the Journal of Financial and Quantitative Analysis, Norstrπm [7] has presented a very simple sufficient condition for detecting whether a given pattern of cash flows over time has a unique nonnegative internal rate of return. Nor strum's condition is now widely cited in the literature and included in stock computer routines for analyses using the internal rate of return. See, e.g., de Faro [5] and Newnan [6].

Date: 1979
References: Add references at CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
https://www.cambridge.org/core/product/identifier/ ... type/journal_article link to article abstract page (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cup:jfinqa:v:14:y:1979:i:02:p:337-341_00

Access Statistics for this article

More articles in Journal of Financial and Quantitative Analysis from Cambridge University Press Cambridge University Press, UPH, Shaftesbury Road, Cambridge CB2 8BS UK.
Bibliographic data for series maintained by Kirk Stebbing ().