9 Internal Rate of Return

This video introduces the Internal Rate of Return (IRR), a crucial method for investment appraisals. Learn how IRR is defined as the discount rate that sets a project's Net Present Value (NPV) to zero. The video demonstrates calculating NPV with various discount rates to narrow down the IRR's range. Discover why exact IRR calculations often require specialized tools like Excel, as it involves solving complex polynomial equations. See an example where the precise IRR for a cash flow stream is determined. Subscribe to @AxiomTutoringCourses for more finance tutorials.