Continue reading the main story. BEIJING â A powerful arm of China âs government said Wednesday that it had created a new central agency to regulate every corner of the nationâs vast Internet community, a move that appeared to complement a continuing crackdown on political dissidents and other social critics.
Internal Rate of Return (IRR) Internal rate of return (IRR) is the discount rate at which the net present value of an investment becomes zero. In other words, IRR is the discount rate which equates the present value of the future cash flows of an investment with the initial investment. It is one of the several measures used for investment appraisal.
While the internal rate of return (IRR) assumes the cash flows from a project are reinvested at the IRR, the modified IRR assumes that positive cash flows are reinvested at the firm's cost of capital, and the initial outlays are financed at the firm's financing cost.