技术说明:修正简单平均内部收益率

IF 1 4区经济学 Q4 BUSINESS

Engineering Economist Pub Date : 2021-06-29 DOI:10.1080/0013791X.2021.1944413

Behnam Babaei S. A., A. Jassbi

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引用次数: 2

摘要

内部收益率测度是选择最佳投资决策的最有吸引力的指标之一，但它在实践和理论上都存在一些重大缺陷。已经进行了多次尝试来解决内部收益率的挑战，但都不是完美的。本文提出了修正的简单平均内部收益率标准，作为一个盈利指标，用于计算所有不同类型现金流的唯一收益率，以便获得的结果与接受/拒绝决策中的净现值方法一致。所提出的方法计算简单，能够解决所有已知的内部收益率缺陷，包括当所得比率大于−1时。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Technical note: Modified simple average internal rate of return

Abstract One of the most attractive indexes to select the best investment decision is internal rate of return (IRR) measure, but it has some significant faults both in practice and theoretically. Multiple attempts have been made to resolve the IRR challenges, but none of them are perfect. This article presents the Modified Simple Average Internal Rate of Return criterion as a profitability index for calculating a unique rate of return for all various types of cash flow streams so that obtained results are consistent with the net present value method in accept/reject decisions. The presented method is simple to compute and is capable of resolving all known IRR defects including when the resulting rate is greater than −1.

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来源期刊

Engineering Economist ENGINEERING, INDUSTRIAL-OPERATIONS RESEARCH & MANAGEMENT SCIENCE

CiteScore

2.00

自引率

0.00%

发文量

审稿时长

>12 weeks

期刊介绍： The Engineering Economist is a refereed journal published jointly by the Engineering Economy Division of the American Society of Engineering Education (ASEE) and the Institute of Industrial and Systems Engineers (IISE). The journal publishes articles, case studies, surveys, and book and software reviews that represent original research, current practice, and teaching involving problems of capital investment. The journal seeks submissions in a number of areas, including, but not limited to: capital investment analysis, financial risk management, cost estimation and accounting, cost of capital, design economics, economic decision analysis, engineering economy education, research and development, and the analysis of public policy when it is relevant to the economic investment decisions made by engineers and technology managers.