Alternative Evaluation Methods for Non-Conventional Investment Projects
The paper considers evaluation of investment projects using the MIRR method. It has been proved that, for non-conventional projects the MIRR increases as a finance rate increases, i.e. the MIRR fails to characterize the rate of return in such cases. We showed how to eliminate the MIRR’s dependence o...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
National Research University Higher School of Economics
2017-03-01
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| Series: | Корпоративные финансы |
| Subjects: | |
| Online Access: | https://cfjournal.hse.ru/article/view/6773/7416 |