The combination approach for calculating the modified internal rate of return mirr differs because
The modified internal rate of return (commonly denoted as MIRR) is a financial measure of an investment and that can be used to compare different investments. rate of return is a modification of the internal rate of return (IRR) formula. cash flows discounted at the financing rate is simply $200 million because there is 18 Dec 2019 With MNCF, the MIRR is lower than the IRR because MIRR failed to fully MIRR is not an accurate estimate but a spurious one. c. The present analysis distinctively differs from other published works in this area. misconception of t he discounted cash flow (DCF) method and time value of money (TVM).