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The AERâs governance structure achieves benefits of both strong corporate oversight and independent adjudication; the corporate, operational, and governance responsibilities are separate from adjudicative functions (i.e., hearings on energy applications).
Therefore, Excel offers a different solution, the MIRR (Modified IRR) function. Excel's MIRR function has this form: =MIRR(values, finance_rate, reinvest_rate) The values argument is the same as the values argument for the IRR. It is an array or cell reference to the cash flows for which the MIRR is to be calculated.