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Notes: The Composite Internal Rate of Return

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Abstract:

An algorithm for computing a composite internal rate of return is presented. Composite internal rate of return has the advantage, over the internal rate of return measure as it is commonly computed, of providing a unique solution, and one which is consistent with the net present worth decision rule. Forest Sci. 16:276-279.

Keywords: Economics

Document Type: News

Affiliations: Associate Professor, Dep. of Forestry, Michigan State Univ., East Lansing, Michigan Agr. Exp. Sta.

Publication date: September 1, 1970

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