Excel #NUM! error for IRR
Could be a stupid question/issue here, but bare with me.
I'm getting the #NUM! error for an IRR or XIRR formula. The cash flows are as follows:
Cost: (1,228,880) CF1: (189,560) CF2: 1,210,440 CF3: 203,000 CF4: (24,000) CF5: (24,000) CF6: (24,000) CF7: (24,000) CF8: (24,000) CF9: (24,000) CF10: (24,000) CF11: (24,000)
I do have iterative calculations enabled.
Seems like NPV is always negative with those cash flows regardless of discount rate, so there isn't a rate that would set NPV = 0, thus no IRR.
I appreciate the help. If I do an NPV calc and use goal seek for the rate with NPV set at 0, it returns something like -198.5%.
Voluptas suscipit voluptatem id deserunt. Vel sit est omnis est qui eligendi magni. Et assumenda et voluptatem sed. Reiciendis non est unde ipsum accusantium. Sit impedit debitis omnis ipsum aliquid.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...