Internal Rate of Return or Modified Internal Rate of Return

Standardní nebo modifikované vnitřní výnosové procento

Josef Valach

Český finanční a účetní časopis, 2013, vol. 2013, issue 3, 114-121

Abstract: From theoretical point of view net present value is the best technics for investment project evaluation. Internal rate of return is not able to solve situations with non-conventional cash flows and with mutually exclusive projects. Modified internal rate of return is more universal criterion. It does not use the iterative procedures and assumes that cash flows are reinvested at the firm's required rate of return. Modified internal rate of return is so depend up required rate of return as net present value.

Keywords: Net present value; Internal rate of return; Modified internal rate of return; Čistá současná hodnota; Vnitřní výnosové procento; Modifikované vnitřní výnosové procento (search for similar items in EconPapers)
JEL-codes: G30 (search for similar items in EconPapers)
Date: 2013
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://cfuc.vse.cz/doi/10.18267/j.cfuc.375.html (text/html)
http://cfuc.vse.cz/doi/10.18267/j.cfuc.375.pdf (application/pdf)
free of charge

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:prg:jnlcfu:v:2013:y:2013:i:3:id:375:p:114-121

Ordering information: This journal article can be ordered from
Český finanční a účetní časopis, Vysoká škola ekonomická v Praze, nám. W. Churchilla 4, 130 67 Praha 3
http://cfuc.vse.cz

DOI: 10.18267/j.cfuc.375

Access Statistics for this article

Český finanční a účetní časopis is currently edited by Karel Brůna

More articles in Český finanční a účetní časopis from Prague University of Economics and Business Contact information at EDIRC.
Bibliographic data for series maintained by Stanislav Vojir ().