The internal rate of return method (I.R.R) in estimating returns from property investments

Abstract

This book contains several chapters like list of contents page introduction, the internal rate of return (IRR) method, definition of IRR, estimating the IRR, estimating IRR by simple algebra, estimating IRR by linear interpolation, the concept of the IRR method, the IRR decision rule in appraising investment, evaluating mutually exclusive investments, conflict in decision rules when deciding between mutually exclusive investment alternatives, the incremental yield analysis, the modified IRR decision rule in the evaluation of mutually exclusive investments, the nature of project cashflow, the conventional project cashflow, non conventional project cashflow, examples of non conventional project cashflows in real estate, the probable existence of multiple IRR and its possible solution, the identification of the probable existence of multiple IRR, the extended yield method in overcoming the problem of multiple positive IRR, the concept of the extended yield method, conclusion.