Hostname: page-component-78c5997874-t5tsf Total loading time: 0 Render date: 2024-11-07T23:30:07.337Z Has data issue: false hasContentIssue false

Determination of internal rate of return in respect of an arbitrary cash flow

Published online by Cambridge University Press:  20 April 2012

Extract

1.1. Consider the situation where a party, in return for a capital outflow of c at a given time (which will be taken as the time-origin), is entitled to subsequent cash flow. This subsequent cash flow may contain positive and/or negative elements of inflow.

Type
Research Article
Copyright
Copyright © Institute and Faculty of Actuaries 1980

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Cramér, H. (1946). Mathematical methods in statistics. Princeton University Press.Google Scholar
Dienes, P. (1957). The Taylor series. An introduction to the theory off functions of a complex variable. New York, Dover Publications, Inc.Google Scholar
Drastik, V.C.P. (1979). On the derivation of actuarial formulae. J.I.A. 106, 47.Google Scholar
Hildebrand, F. B. (1974). Introduction to numerical analysis, 2nd edition. New York, McGraw-Hill Book Company.Google Scholar
Karpin, H. (1967). Simple algebraic formulae for estimating the rate of interest. J.I.A., 93, 297.Google Scholar
Pollard, J. H. (1970). A Taylor series expansion for Lotka's r. Demography, 7, 151.CrossRefGoogle Scholar
Taylor, G. C. (1974). On the radius of convergence of an inverted Taylor series with particular reference to the solution of characteristic equations. Scandinavian Actuarial Journal, 11.Google Scholar
Widder, D. V. (1972). The Laplace transform. (8th printing). Princeton University Press.Google Scholar