Earlier, we had seen how the RATE function can be used to calculate the return on investments, whether lump-sum or periodic. This can come in handy in the calculation of SIP returns, too.

Leaving data volume aside, the built-in IRR Excel function doesn’t perform periodic calculations. Instead, it expects data to be modeled in Excel on a monthly basis, creating internal time waste and ...

A few weeks ago , we saw how the IRR (Internal Rate of Return) function in Microsoft Excel can be quite handy in calculating mutual fund SIP returns. As long as the time interval between the cash ...

The IRR function in Excel can be used in the case of bonds. However, the rate function can be used for computing the IRR on the coupon date of a bond.