Mike Benson’s Blog

As I said earlier here is the code to calculate IRR in C#. This is a rather long entry so you will have to be prepared to spend some time. While it’s not critical that you read it, I think it is important for those who have never written an IRR formula to understand how it works and what goes into it. This way, if you decide to use it and something goes wrong, you should be able to fix it. But don’t fear, the code is in here. (more…)

I will start in the same place I did with Internal Rate of
Return; the dictionary definition. I will then dive into what that means for
the rest of us.

“Time Weighted Return - Portfolio accounting method that measures investment performance (income and price changes) as a percentage of capital “at work,” effectively eliminating the effects of additions and withdrawals of capital and their timing that distort Dollar-Weighted return accounting.”
Barrons Dictionary of Finance and Ivestment Terms

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