Daniel Bonallack wrote...
>If anyone is familiar with this function, can you help me with it?
>
>I have my values in column B, and my dates in column A. If I enter the
>"guess" as 0.1, then my XIRR value is returned as 0.099. If I enter my guess
>as -0.1, then then the XIRR value returned is entirely different.
>
>I had thought that the guess only sped up the calculation, and never
>affected the outcome. Am I wrong?
Yes, you are wrong.
If the cashflows involved, sorted by date, have multiple sign changes,
there could be multiple *EQUALLY* *VALID* IRRs. When there are multiple
IRRs, then your initial guess can affect which one IRR or XIRR returns.
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