Discover how to calculate the pooled internal rate of return (PIRR) for multiple projects, explore its formula, applications, ...
IRR measures the rate needed to break even on an investment. Calculate IRR by setting NPV to zero and solving for the discount rate. Use Excel's IRR function by inputting initial cost and cash inflow.
The compound annual growth rate (CAGR) measures the return on an investment over a certain period of time. The internal rate of return (IRR) also measures investment performance. While CAGR is easier ...