MIRR function - Zoho Sheet - Help Guide

MIRR

Returns the modified internal rate of return for a series of periodic cash flows. Considers both the investment cost and interest during reinvestment.

 

Syntax

 

MIRR(payments; finance_rate; reinvest_rate)
payments: An array or range containing the payments made or received, at regular intervals. At least one of the payments must be negative and at least one must be positive. Eg., B2:B5
finance_rate: Rate of interest on the invested cost. Eg., 4.3%
reinvest_rate: Rate of interest on the reinvested cost. Eg., 1.2%

 

Remarks

  • You can use the XIRR function to find the internal rate of return for cash flows at irregular intervals.


Examples  

 

Formula

Result

=MIRR(B2:B5;C2;D2)

-6.98%

=MIRR(B2:B5;C3;D3)

-7.09%


Get a hands-on experience of the function in the embedded range below. 



Possible Errors

 

Errors

Meaning

#N/A!

  • The function could not find the value it was asked to look for. Commonly occurs in VLOOKUP and similar functions.

#NAME!

  • The function name is incorrect or invalid.

  • The given defined name (if any) is invalid.

  • There is a typo in the defined name used in the function.

  • Double quotes are missing for text values in the function.

  • Colon missing in a cell range reference.

#VALUE!

  • The given argument's data type is incorrect or invalid.
    For example, the function =DATE(A1:A3) will return a #VALUE error when a text value is present in the range.

#REF!

  • The given cell reference is incorrect or invalid. This error may occur when a cell/range has been deleted, moved, or pasted over.

 

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