Class FinanceXirrEx1

java.lang.Object
com.imsl.test.example.finance.FinanceXirrEx1

public class FinanceXirrEx1 extends Object

Computes the internal rate of return of an investment with variable schedule.

A farmer buys 10 young cows and a bull for $4500. The first year he does not expect to sell any calves, he just expects to feed them. Thereafter, he expects to be able to sell calves to offset the cost of feed. He expects them to be productive for 9 years, after which time he will liquidate the herd. The internal rate of return is computed after 9 years.
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