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Strategies & Market Trends : The Covered Calls for Dummies Thread -- Ignore unavailable to you. Want to Upgrade?


To: FaultLine who wrote (227)4/25/2001 1:12:32 PM
From: Mike Buckley  Read Replies (1) | Respond to of 5205
 
FL,

To calculate the internal rate of return for a series of periodic cash flows, use the IRR function.

That formula works only for periodic cash flows that occur over equal periods of time. The XIRR formula works for any cash flow, whether over equal or unequal periods of time. For anyone taking the trouble to set up a spreadsheet, it's advised to use XIRR because it covers all bases.

I still don't know what the X designates.

--Mike Buckley