How do I use XIRR in Excel?
An example of an AI chatbot conversation about using XIRR function in Excel.
How do I use XIRR in Excel?
To use XIRR in Excel, you need a series of cash flows and their corresponding dates. The syntax is XIRR(values, dates, [guess]).
Can you give me an example of how to set it up?
Sure! Suppose you have cash flows in cells A1 to A5 and their dates in B1 to B5. You would enter: =XIRR(A1:A5, B1:B5).
What if my cash flows are not periodic?
XIRR is perfect for non-periodic cash flows as it calculates the internal rate of return for irregular intervals.
Is there a way to interpret the result?
Yes! The result is the annualized rate of return. A higher percentage indicates a better investment return.
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