In chapter 8
what is the difference between the two?
IRR is the normal IRR and IIRR is intermittent internal rate of return - e.g if there was a 50 year investment IRR would be from inception, IIRR could measure IRR from 25 years in.
Join the world's largest online community of CFA, CAIA and FRM candidates.
No thanks, I don't want to increase my probability of passing.