关于内部收益率与现金流量模式关系的分析

Analysis of Relationship between Inner Revenue Rate and Cash Flow Model

研究了内部收益率与现金流量模式的关系 .通过对折现率与现金流量结构间的相互关系的分析 ,探讨内部收益率的存在性与现金流量模式的关系 ,给出净现值法与内部收益率法具有一致性的条件 ;在定义修正内部收益率的基础上 ,给出其计算公式 ,并将内部收益率法的应用范围推广 .

The paper is a study on the relationship between inner revenue rate (IRR) and cash flow model. By analyzing the correlation between discount rate and cash flow model, it studies how cash flow model influences the existence of inner revenue rate, and it also investigates the consistence condition for net present value method and inner revenue rate method. On the basis of defining the modified inner revenue rate(MIRR), it gives formula of MIRR. And the application of IRR is extended.