IRR Part 3 of 3 How to Calculate Internal Rate of Return Explained MBAbullshit.com

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[TheShaan3000]

Thank You very much. It was very helpful for my exam!!

[MBAbullshitDotCom]

@TheShaan3000 Great to hear that! Hope your exam went well!

[thelivingitup]

Where have you been all my life? For the first time in a long time i feel like i can attempt some finance questions :) :) thanks a million.

[MBAbullshitDotCom]

@thelivingitup Thanks! Actually I'm Merlin the magician, was hiding in a tree for a thousand years. =p

[Meenie92]

thank you!

[MBAbullshitDotCom]

@Meenie92 welcome Meenie!

[MBAbullshitDotCom]

@freakerssss Thanks freakersss! I'm a freak myself!

[snowanjewel]

@thelivingitup the formula gives you the exact or more accurate IRR. whereas the method in the video provides an approximation of the IRR.

[thelivingitup]

@MBAbullshitDotCom silly question..my lecturer gave us the formulae as 'a%+[(NPVa/NPVa-NPVb) (b%-a%)] ' which is different frm this.how come?

[daybriac]

So I'm supposed to guess and check to find the answer on the test? I don't have the time luxury to guess all day long...