What is XIRR? How is CAGR different? A simple introduction with examples
XIRR or extended internal rate of return is a measure of return used when multiple investments (at different points in time) are made in a financial instrument. A look at what XIRR represents and how it is different from CAGR. What is CAGR? First, we need to answer a much simpler question. If I invest Rs….
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