Formula for Calculating Internal Rate of Return | Capital | Accounting

The below mentioned article provides the formula of internal rate of return. Internal rate of return (IRR) is a rate that equates cash flow of different points of time. IRR is the rate "r" for which - Assume that a company raise Rs.100 million loans @10% p.a. repayable at the end of 5 years at a premium of 1%. Tax [...]