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Determination of internal rate of return in respect of an arbitrary cash flow

Published online by Cambridge University Press:  20 April 2012

Extract

1.1. Consider the situation where a party, in return for a capital outflow of c at a given time (which will be taken as the time-origin), is entitled to subsequent cash flow. This subsequent cash flow may contain positive and/or negative elements of inflow.

Type
Research Article
Copyright
Copyright © Institute and Faculty of Actuaries 1980

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