The internal rate of return of fuzzy cash flows.

Loredana Biacino; M. Rosaria Simonelli

Stochastica (1992)

  • Volume: 13, Issue: 1, page 13-22
  • ISSN: 0210-7821

Abstract

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An internal rate of return (IRR) of an investment or financing project with cash flow (a0,a1,a2,...,an) is usually defined as a rate of interest r such thata0 + a1(1 + r)-1 + ... + an(1 + r)-n = 0.If the cash flow has one sign change then the previous equation has a unique solution r > -1.Generally the IRR technique does not extend to fuzzy cash flows, as it can be seen with examples (see [2]). In this paper we show that under suitable hypothesis a unique fuzzy IRR exists for a fuzzy cash flow.

How to cite

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Biacino, Loredana, and Simonelli, M. Rosaria. "The internal rate of return of fuzzy cash flows.." Stochastica 13.1 (1992): 13-22. <http://eudml.org/doc/39277>.

@article{Biacino1992,
abstract = {An internal rate of return (IRR) of an investment or financing project with cash flow (a0,a1,a2,...,an) is usually defined as a rate of interest r such thata0 + a1(1 + r)-1 + ... + an(1 + r)-n = 0.If the cash flow has one sign change then the previous equation has a unique solution r &gt; -1.Generally the IRR technique does not extend to fuzzy cash flows, as it can be seen with examples (see [2]). In this paper we show that under suitable hypothesis a unique fuzzy IRR exists for a fuzzy cash flow.},
author = {Biacino, Loredana, Simonelli, M. Rosaria},
journal = {Stochastica},
keywords = {Matemática financiera; Números difusos},
language = {eng},
number = {1},
pages = {13-22},
title = {The internal rate of return of fuzzy cash flows.},
url = {http://eudml.org/doc/39277},
volume = {13},
year = {1992},
}

TY - JOUR
AU - Biacino, Loredana
AU - Simonelli, M. Rosaria
TI - The internal rate of return of fuzzy cash flows.
JO - Stochastica
PY - 1992
VL - 13
IS - 1
SP - 13
EP - 22
AB - An internal rate of return (IRR) of an investment or financing project with cash flow (a0,a1,a2,...,an) is usually defined as a rate of interest r such thata0 + a1(1 + r)-1 + ... + an(1 + r)-n = 0.If the cash flow has one sign change then the previous equation has a unique solution r &gt; -1.Generally the IRR technique does not extend to fuzzy cash flows, as it can be seen with examples (see [2]). In this paper we show that under suitable hypothesis a unique fuzzy IRR exists for a fuzzy cash flow.
LA - eng
KW - Matemática financiera; Números difusos
UR - http://eudml.org/doc/39277
ER -

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