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<?xml version="1.0" encoding="UTF-8"?>
<helpdocument version="1.0">
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<meta>
  <topic id="textsbasicshared03140004xml" indexer="include" status="PUBLISH">
    <title id="tit" xml-lang="en-US">MIRR Function [VBA]</title>
    <filename>/text/sbasic/shared/03140004.xhp</filename>
  </topic>
</meta>

<body>


<section id="mirr">
<bookmark xml-lang="en-US" branch="index" id="bm_id3150499">
  <bookmark_value>MIRR function</bookmark_value>
</bookmark>


<h1 id="hd_id3150499"><link href="text/sbasic/shared/03140004.xhp">MIRR Function [VBA]</link></h1>
<paragraph id="par_id3151384" role="paragraph" xml-lang="en-US">Calculates the modified internal rate of return of a series of investments.</paragraph>
</section>
<embed href="text/sbasic/shared/00000003.xhp#vbasupport"/>
<embed href="text/sbasic/shared/00000003.xhp#functsyntax"/>
<bascode>
<paragraph id="par_id3143267" role="bascode" localize="false" xml-lang="en-US">MIRR(Values() as Double, Investment as Double, ReinvestRate as Double)</paragraph>
</bascode>
<embed href="text/sbasic/shared/00000003.xhp#functvalue"/>
<paragraph id="par_id3150669" role="paragraph" localize="false" xml-lang="en-US">Double</paragraph>
<embed href="text/sbasic/shared/00000003.xhp#functparameters"/>
<paragraph id="par_id061420170730135034" role="paragraph" xml-lang="en-US"><emph>Values(): </emph>An array of cash flows, representing a series of payments and income, where negative values are treated as payments and positive values are treated as income. This array must contain at least one negative and at least one positive value.</paragraph>
<paragraph id="par_id061620170513518949" role="paragraph" xml-lang="en-US"><emph>Investment</emph>: is the rate of interest of the investments (the negative values of the array).</paragraph>
<paragraph id="par_id061420170730137782" role="paragraph" xml-lang="en-US"><emph>ReinvestRate:</emph> the rate of interest of the reinvestment (the positive values of the array).</paragraph>
<embed href="text/sbasic/shared/00000003.xhp#errorcode"/>
<embed href="text/sbasic/shared/00000003.xhp#err5"/>
<embed href="text/sbasic/shared/00000003.xhp#functexample"/>
<bascode>
<paragraph id="par_id06162017021753974" role="bascode" localize="false" xml-lang="en-US">REM ***** BASIC *****</paragraph>
<paragraph id="par_id061620170217534991" role="bascode" localize="false" xml-lang="en-US">Option VBASupport 1</paragraph>
<paragraph id="par_id061620170217535111" role="bascode" localize="false" xml-lang="en-US">Sub ExampleMIRR</paragraph>
<paragraph id="par_id061620170217538573" role="bascode" localize="false" xml-lang="en-US"> Dim cashFlow(0 to 3) As Double</paragraph>
<paragraph id="par_id06162017021753515" role="bascode" localize="false" xml-lang="en-US"> cashFlow(0) = -5</paragraph>
<paragraph id="par_id061620170217538580" role="bascode" localize="false" xml-lang="en-US"> cashFlow(1) = 10</paragraph>
<paragraph id="par_id061620170217543462" role="bascode" localize="false" xml-lang="en-US"> cashFlow(2) = 15</paragraph>
<paragraph id="par_id061620170217549769" role="bascode" localize="false" xml-lang="en-US"> cashFlow(3) = 8</paragraph>
<paragraph id="par_id061620170217542970" role="bascode" localize="false" xml-lang="en-US"> mirrValue = MIRR(cashFlow,0.5,0.1) * 100</paragraph>
<paragraph id="par_id061620170217548258" role="bascode" xml-lang="en-US"> Print mirrValue ' returns 94.16. The modified internal rate of return of the cash flow.</paragraph>
<paragraph id="par_id061620170217544542" role="bascode" localize="false" xml-lang="en-US">End Sub</paragraph>
</bascode>

<section id="relatedtopics">
<paragraph id="par_id061420170153186192" role="paragraph" xml-lang="en-US"><link href="text/scalc/01/04060119.xhp#bm_id3148974">MIRR function in CALC</link></paragraph>
<embed href="text/sbasic/shared/00000003.xhp#VBA-Financial"/>
</section>
</body>

</helpdocument>