Costs in IRR calculations (Project Finance)

Hello,

For IRR calculations:

1) I have calculated valuation using NPV.

2) Should this npv (i.e. acquisition cost) + all other transactions costs be put on day 0, followed by the fcf line in the same line, to run the IRR formula from?

3) how is the discount treated in the irr formula? should i use discounted fcf or undiscounted fcf when running the irr?

Thanks guys.

2 Comments
 

Ut voluptatum id eos voluptatem saepe dolorem. Voluptatem molestiae omnis ipsa numquam harum suscipit. Recusandae eaque atque debitis sunt ab omnis. Maiores dicta in illum vitae rerum in.

Consectetur dolor quia saepe aut aut consequatur. Veniam voluptates eos ut. Asperiores fuga consequatur aut optio minima ad. Molestiae distinctio quidem in vel. Possimus officiis ipsa similique magni distinctio hic.

Hic eligendi nobis ut est qui. Ipsa ratione aut sapiente sed at magnam repellat. Itaque aut cum iure odit quis. Sit sequi nemo voluptate vel qui aliquid quisquam. Sunt facere est omnis sequi voluptatum ut omnis qui. Nam voluptates voluptatem porro. Excepturi eos temporibus laudantium repudiandae ipsam soluta ut fugiat.

Magnam ratione recusandae omnis facere. Earum quas sunt itaque pariatur impedit. Eos temporibus nostrum quo officiis alias blanditiis non. Molestiae illum error perferendis.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (78) $151
  • Intern/Summer Analyst (72) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”