Modified Internal Rate of Return (MIRR) - Basics, Formula, Calculations in Excel (Step by Step)

Modified Internal Rate of Return (MIRR) Tutorial - Chapters 00:00 - Introduction 01:10 - What is MIRR? 01:57 - Multiple IRR Problem 04:23 - Overestimate of Rate of Return 09:10 - Calculating MIRR 10:03 - MIRR Formula 11:55 - MIRR Excel Function In this video, we will talk about MIRR, its calculations, how it tells the limitations of IRR, and its uses. What is Modified Internal Rate of Return (MIRR)? MIRR or Modified Internal Rate of Return accurately assesses the potential profits of an investment. Unlike IRR, which exaggerates and entices investors for investment, MIRR offers a better estimate of the expected ROI of an investment. It can be calculated through: Discounted Approach Reinvestment Method Combination Approach Uses of MIRR: Eradicates the issues of multiple IRRs and overestimation of the rate of return Allows adjustments for growth Adds reinvestment rates #wallstreetmojo, #MIRR, modifiedinternalrateofreturn For more details, you can refer to our article at - https://www.wallstreetmojo.com/mirr/ Subscribe to Our Channel - Youtube ►    / @wallstreetmojo   LinkedIn ►   / mycompany   Facebook ►   / wallstreetmojo   Instagram ►   / wallstreetmojoofficial   Twitter ►   / wallstreetmojo