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Subject: Re: [office-comment] ODFF: XIRR
Re: "The last function I am reviewing... " So then, will there not be consideration of the "/*Economic Rate of Return*/" (/*ERR*/) /*Function*/ that is required during "/*international project considerations*/"; (for example: when converting from IRR (values) to ERR (values)); hence, an continuing and inherent limitation of Calc (also Excel). Best regards, Sheldon A. Britton David King wrote: > The last function I am reviewing... > > 1. "The first cash-flow amount is a negative number that represents the > investment." > > Not true - it might be a loan (positive). Better to say something like > "the first given cash flow has the earliest date". > > 2. "The later cash flows are discounted based on the annual discount > rate and the timing of the flow." > > Discount rate here is the same as the rate returned by XIRR - it would > be better not to introduce different terminology. > > 3. "The range of Values and Dates must be the same size." > > Do they need to be the same shape? (I actually don't know...) > > 4. Needs to say something about how it is the an iteration and what > equation it uses (PVs sum to zero). The Calc wiki help pages may oblige > here. > > 5. Needs to set realistic error limits, as it is an iteration. > > > D > > > > > >
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