HP 10bII hp 10bii_user's guide_English_E_HDPMF102E11.pdf - Page 129

More About Calculations

Page 129 highlights

B More About Calculations IRR/YR Calculations Possible Outcomes of Calculating IRR/YR Case 1. Case 2. Pos Irr Also Case 3. Case 4. Not Found B: More About Calculations 129

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B: More About Calculations
129
B
More About Calculations
IRR/YR Calculations
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,55±<5
±IRU±D±VHW±RI±FDVK±IORZV±XVLQJ±
PDWKHPDWLFDO±IRUPXODV±WKDW±VHDUFK±IRU±WKH±DQVZHU²±7KH±SURFHVV±
ILQGV±D±VROXWLRQ±E\±HVWLPDWLQJ±DQ±DQVZHU±DQG±WKHQ±XVLQJ±WKDW±
HVWLPDWH±WR±GR±DQRWKHU±FDOFXODWLRQ²±7KLV±LV±FDOOHG±DQ±LWHUDWLYH±
SURFHVV²
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LV±XVXDOO\±RQO\±RQH±VROXWLRQ±WR±WKH±FDOFXODWLRQ²±+RZHYHU³±
FDOFXODWLQJ±
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±IRU±FHUWDLQ±VHWV±RI±FDVK±IORZV±LV±PRUH±FRPSOH[²±
7KHUH±PD\±EH±PRUH±WKDQ±RQH±´RU±QRµ±PDWKHPDWLFDO±VROXWLRQ±WR±
WKH±SUREOHP²±,Q±WKHVH±FDVHV³±WKH±FDOFXODWRU±GLVSOD\V±D±PHVVDJH±WR±
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Possible Outcomes of Calculating IRR/YR
7KHVH±DUH±WKH±SRVVLEOH±RXWFRPHV±RI±DQ±
,55±<5
±FDOFXODWLRQ¶
Case 1.
±7KH±FDOFXODWRU±GLVSOD\V±D±SRVLWLYH±DQVZHU²±7KLV±LV±WKH±RQO\±
SRVLWLYH±DQVZHU²±+RZHYHU³±RQH±RU±PRUH±QHJDWLYH±DQVZHUV±PD\±H[LVW²
Case 2.
±7KH±FDOFXODWRU±ILQGV±D±QHJDWLYH±DQVZHU±EXW±D±VLQJOH±SRVLWLYH±
DQVZHU±DOVR±H[LVWV²±,W±GLVSOD\V¶±
Pos Irr Also
²±7R±VHH±WKH±QHJDWLYH±
DQVZHU³±SUHVV±
±WR±FOHDU±WKH±PHVVDJH²±7R±VHDUFK±IRU±WKH±SRVLWLYH±
DQVZHU³±\RX±PXVW±LQSXW±D±JXHVV²±´5HIHU±WR±·(QWHULQJ±D±*XHVV±IRU±
,55±<5
³Μ±EHORZµ²±7KHUH±PLJKW±DOVR±EH±DGGLWLRQDO±QHJDWLYH±DQVZHUV²
Case 3.
±7KH±FDOFXODWRU±GLVSOD\V±D±QHJDWLYH±DQVZHU±DQG±QR±PHVVDJH²
7KLV±LV±WKH±RQO\±DQVZHU²
Case 4.
±7KH±FDOFXODWRU±GLVSOD\V±WKH±PHVVDJH¶±
Not Found
²±7KLV±
LQGLFDWHV±WKDW±WKH±FDOFXODWLRQ±LV±YHU\±FRPSOH[²±,W±PLJKW±LQYROYH±PRUH±
WKDQ±RQH±SRVLWLYH±RU±QHJDWLYH±DQVZHU³±RU±WKHUH±PD\±EH±QR±VROXWLRQ²±
7R±FRQWLQXH±WKH±FDOFXODWLRQ³±\RX±PXVW±VWRUH±D±JXHVV±´VHH±EHORZµ²