P. Kukhta, PhD in Economics, Associate Professor Taras Shevchenko National University of Kyiv, Kyiv CHARACTERISTICS OF MIRR METHOD IN EVALUATION OF INVESTMENT PROJECTS’ EFFECTIVENESS

There were analyzed characteristics of the Modified Internal Rate of Return method in the evaluation of investment projects, restrictions connected with its application, advantages and disadvantages compared with indicators of the original Internal Rate of Return and Net Present Value for projects with certain baseline characteristics. It was determined opportunities to adapt the method of Modified Internal Rate of Return to alternative computational approaches of the project cash flows evaluation.

Keywords: modified internal rate of return, сash flows, investments efficiency, evaluation, investment projects.

DOI: http://dx.doi.org/10.17721/1728-2667.2014/161-8/11

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