Variations, Manipulations, and Extensions of the IRR
- Measure investment performance with greater accuracy by calculating IRR with time variable cash flows (XIRR) as well as reinvestment considerations (MIRR)
- Evaluate the relationship between MIRR and capital accumulation
- Understand the relationship between investment value and capital accumulation
Course Description
This course is for commercial real estate professionals who want to make better decisions using the internal rate of return calculation. The IRR calculation assumes that cash flows are annual and occur at the end of each year, but that is not always the case in the real world.
Tech Requirements
This course may require the use of a laptop or desktop computer with full Excel capabilities. Mobile devices, like iPads, tablets, and cellphones, will not run The CCIM Institute's macro-enabled spreadsheets.
PC: Microsoft Office 2000 or higher is necessary to run The CCIM Institute macro-enabled spreadsheets.
Mac: Mac versions of Microsoft Office 2004, 2011, 2016, or 365 are required to run The CCIM Institute macro-enabled spreadsheets.
Browser: The CCIM Institute courses are optimized for use with the Google Chrome web browser.
"It's a wonderful time to be new in commercial real estate ... and certainly organizations like The CCIM Institute can help train someone in the industry" - Jay Olshonsky, President of NAI Global