Hi there,
I'm trying to simplify how I use the IRR formula when calculating the IRR of a fixed income investment over a given term. Rather than listing out each years cashflow in cells A1:A5 and then using =IRR(A1:A5), I'd like to be able to create a formula along the lines of =IRR((annual cashlow*term)). Any advice on how to achieve this would be very much appreciated.
Cheers,
erjay
I'm trying to simplify how I use the IRR formula when calculating the IRR of a fixed income investment over a given term. Rather than listing out each years cashflow in cells A1:A5 and then using =IRR(A1:A5), I'd like to be able to create a formula along the lines of =IRR((annual cashlow*term)). Any advice on how to achieve this would be very much appreciated.
Cheers,
erjay