{"id":9972,"date":"2023-10-17T12:18:24","date_gmt":"2023-10-17T06:48:24","guid":{"rendered":"https:\/\/www.tickertape.in\/glossary\/?p=9972"},"modified":"2023-10-17T12:18:25","modified_gmt":"2023-10-17T06:48:25","slug":"irr-internal-rate-of-return","status":"publish","type":"post","link":"https:\/\/www.tickertape.in\/glossary\/irr-internal-rate-of-return\/","title":{"rendered":"IRR &#8211; Definition, Uses, How to Calculate, and More"},"content":{"rendered":"\n<p>IRR (Internal Rate of Return) is a common metric used to understand the profitability and earnings of a particular <a href=\"https:\/\/www.tickertape.in\/glossary\/investment-meaning-types-how-to-invest-and-savings-vs-investments\/\">investment<\/a>. It factors in the time value of money to estimate profits.<\/p>\n\n\n\n<p>If the IRR on investment increases, it becomes more lucrative for investors. To know more about IRR, read on.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_22 counter-hierarchy counter-numeric\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">You will Learn About: <\/p>\n<span class=\"ez-toc-title-toggle\"><a class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" style=\"display: none;\"><i class=\"ez-toc-glyphicon ez-toc-icon-toggle\"><\/i><\/a><\/span><\/div>\n<nav><ul class=\"ez-toc-list ez-toc-list-level-1\"><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.tickertape.in\/glossary\/irr-internal-rate-of-return\/#IRR-meaning\" title=\"IRR meaning\">IRR meaning<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.tickertape.in\/glossary\/irr-internal-rate-of-return\/#How-to-calculate-IRR\" title=\"How to calculate IRR?\">How to calculate IRR?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.tickertape.in\/glossary\/irr-internal-rate-of-return\/#Return-on-equity-Highlights\" title=\"Return on equity: Highlights\">Return on equity: Highlights<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.tickertape.in\/glossary\/irr-internal-rate-of-return\/#Return-on-investment-vs-internal-rate-of-return-Whats-the-difference\" title=\"Return on investment vs internal rate of return: What\u2019s the difference?\">Return on investment vs internal rate of return: What\u2019s the difference?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.tickertape.in\/glossary\/irr-internal-rate-of-return\/#CAGR-vs-IRR\" title=\"CAGR vs IRR\">CAGR vs IRR<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.tickertape.in\/glossary\/irr-internal-rate-of-return\/#Difference-between-NPV-and-IRR\" title=\"Difference between NPV and IRR\u00a0\">Difference between NPV and IRR\u00a0<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.tickertape.in\/glossary\/irr-internal-rate-of-return\/#IRR-in-capital-budgeting\" title=\"IRR in capital budgeting\">IRR in capital budgeting<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.tickertape.in\/glossary\/irr-internal-rate-of-return\/#Importance-of-IRR\" title=\"Importance of IRR\">Importance of IRR<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.tickertape.in\/glossary\/irr-internal-rate-of-return\/#Disadvantages-of-IRR\" title=\"Disadvantages of IRR\">Disadvantages of IRR<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.tickertape.in\/glossary\/irr-internal-rate-of-return\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.tickertape.in\/glossary\/irr-internal-rate-of-return\/#FAQs\" title=\"FAQs\">FAQs<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"IRR-meaning\"><\/span><strong>IRR meaning<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/www.canarahsbclife.com\/content\/dam\/choice\/blog-inner\/images\/internal-rate-of-return-meaning-formula-and-usage.jpg\" alt=\"\"\/><figcaption class=\"wp-element-caption\">Image source: <a href=\"https:\/\/www.canarahsbclife.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Canara HSBC Life Insurance<\/a><\/figcaption><\/figure><\/div>\n\n\n<p>The IRR\u2019s full form is \u2013 the internal rate of return. The IRR is a kind of discount rate that makes an investment&#8217;s net present value or NPV zero. The IRR defines the compounded return that an investor will earn on the investment in the near future. It is commonly used to analyse the financial performance of an investment.<\/p>\n\n\n\n<p>Let\u2019s take an example to understand it better. The chemical company SRF had a free cash flow to equity of Rs. 269 cr. in FY 2018. In other words, after accounting for <a href=\"https:\/\/www.tickertape.in\/glossary\/what-is-capital-definition-of-capital-types-and-its-importance\/\">capital<\/a> expenditures and other cash inflows and outflows, the company generated a net cash flow to shareholders of Rs. 269 cr. The cash flow for FY 2019 was Rs. 629 cr.; for FY 2020 was Rs. 450 cr., and so on \u2013 as shown in the table below.&nbsp;&nbsp;<\/p>\n\n\n\n<p>Let\u2019s also assume that the terminal cash flow (or the cash flow that the investor expects the company to generate in perpetuity) is Rs. 83,119 cr. If an investor had bought SRF\u2019s share on 31st March 2017 when its price was Rs. 325 (and a market cap of approx. Rs. 9,730 cr.), here\u2019s how the cash flow table would look (the initial investment is negative because when the investor invests, it is a cash outflow):<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><\/td><td><\/td><td>XIRR (Extended Internal Rate of Return) (Rs. in cr.)<\/td><\/tr><tr><td>31.03.2017<\/td><td>Initial investment<\/td><td>-9,730<\/td><\/tr><tr><td>31.03.2018<\/td><td>Cash flow 1<\/td><td>269.12<\/td><\/tr><tr><td>31.03.2019<\/td><td>Cash flow 2<\/td><td>629.45<\/td><\/tr><tr><td>31.03.2020<\/td><td>Cash flow 3<\/td><td>450.47<\/td><\/tr><tr><td>31.03.2021<\/td><td>Cash flow 4<\/td><td>-334.26<\/td><\/tr><tr><td>31.03.2022<\/td><td>Terminal value&nbsp;<\/td><td>83,119.5<\/td><\/tr><tr><td><\/td><td><\/td><td>55.2%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Note that we are also assuming that the cash flows occur at the end of the respective years. Given this series of cash flows, the internal rate of return (which is XIRR in Excel) comes to 55.2%.<\/p>\n\n\n\n<p>In other words, an investment in SRF made on 31st March 2017 could have generated a compounded annual rate of return (or internal rate of return) of 55.2% for the investor. Not bad, right?<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"How-to-calculate-IRR\"><\/span><strong>How to calculate IRR?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The IRR calculation formula is quite complicated. You can calculate the IRR as follows:<\/p>\n\n\n\n<p><strong>\u200b0 = NPV = t=1\u2211T (\u200bC<\/strong><strong><sub>t<\/sub><\/strong><strong>\/(1+IRR)<\/strong><strong><sup>t <\/sup><\/strong><strong>\u200b\u200b)\u2212C<\/strong><strong><sub>0<\/sub><\/strong><\/p>\n\n\n\n<p>Here:<\/p>\n\n\n\n<p>C<sub>t <\/sub>= Net cash inflow during the period t<\/p>\n\n\n\n<p>C<sub>0 <\/sub>= Total initial investment costs<\/p>\n\n\n\n<p>IRR = The internal rate of return<\/p>\n\n\n\n<p>T= The number of time periods<\/p>\n\n\n\n<div class=\"wp-block-uagb-advanced-heading uagb-block-37fca231\"><h2 class=\"uagb-heading-text\"><span class=\"ez-toc-section\" id=\"Return-on-equity-Highlights\"><\/span>Return on equity: Highlights<span class=\"ez-toc-section-end\"><\/span><\/h2><\/div>\n\n\n\n<ul>\n<li>The IRR helps analyse the performance of investments.&nbsp;<\/li>\n\n\n\n<li>Using IRR, you can estimate the profitability of a project where you have made investments.<\/li>\n\n\n\n<li>IRR plays a vital role in capital budgeting. Hence, you should know how to calculate it.<\/li>\n<\/ul>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Return-on-investment-vs-internal-rate-of-return-Whats-the-difference\"><\/span><strong>Return on investment vs internal rate of return: What\u2019s the difference?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/cdn.educba.com\/academy\/wp-content\/uploads\/2019\/12\/IRR-vs-ROI.jpg.webp\" alt=\"\"\/><figcaption class=\"wp-element-caption\">Image source: <a href=\"https:\/\/www.educba.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">eduCBA<\/a><\/figcaption><\/figure><\/div>\n\n\n<p>Some people might use the terms ROI and IRR interchangeably. However, both terms are quite different from one another. Let\u2019s try to understand the difference between the two concepts.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Internal rate of return (<\/strong><strong>IRR<\/strong><strong>)<\/strong><\/td><td><strong>Return on investments (ROI)<\/strong><\/td><\/tr><tr><td>IRR represents the discounted rate at which a project or investment\u2019s future cash flows are estimated.<\/td><td>ROI shows the percentage of growth or reduction in the value of the investment from its initial cost.<\/td><\/tr><tr><td>IRR is solely used to measure the cash flows that an investment might generate in the future.<\/td><td>ROI shows how much the investment has grown since the day of investment.<\/td><\/tr><tr><td>IRR is a commonly used metric by financial analysts, hired to check the viability of a project and estimate the expected cash flow.<\/td><td>ROI is used by everyday investors to get an idea of the returns they will earn at the end of the investment period.<\/td><\/tr><tr><td>The calculation of IRR is quite complex as it involves net cash inflow during the period of investment.<\/td><td>ROI is easy to calculate.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>While the ROI measures the overall profitability of an investment, the IRR tries to capture the estimated future cash flows from an investment.<\/p>\n\n\n\n<p>Moreover, just like ROI, CAGR and IRR is used interchangeably by some people evaluate the investment\u2019s performance. However, there is a key difference.<\/p>\n\n\n\n<p>The key difference between the standard CAGR (or compounded annual growth of return) and IRR is that the former does not account for the <em>timing<\/em> of cash flows, while the latter does. In other words, if the cash flow occurs in the middle of the year (in our example, it occurs at the end of the year), then the IRR accounts for this mid-year compounding. It also accounts for any negative cash flows in between. In contrast, the CAGR only considers the initial cash flow and the ending cash flow.<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"CAGR-vs-IRR\"><\/span><strong>CAGR vs IRR<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>CAGR stands for Compounded Annual Growth Rate. While both concepts help evaluate the investment\u2019s performance, they highlight quite different aspects of a particular investment. Let\u2019s have a look at the difference between IRR and CAGR.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>IRR<\/strong><\/td><td><strong>CAGR<\/strong><\/td><\/tr><tr><td>To calculate the IRR, you calculate the cash flow of the project using the values of the initial investment and the time period.<\/td><td>CAGR is calculated with the help of an investment\u2019s starting and ending value and the number of investment periods.<\/td><\/tr><tr><td>IRR considers the periodic cash flows of the investments to understand the present value of the future cash flows of an investment.<\/td><td>CAGR does not factor in any periodic investments. It only considers the initial and the final amount.<\/td><\/tr><tr><td>IRR is widely used to evaluate projects as it considers the negative and positive cash flows during the investment period.<\/td><td>CAGR is not a widely used metric as it ignores the dip in the value during the investment period.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Therefore, IRR may be ideal for analysing the viability and the return on investment in comparison to CAGR.&nbsp;<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Difference-between-NPV-and-IRR\"><\/span><strong>Difference between NPV and IRR\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Both IRR and NPV (Net Present Value) are important financial metrics. However, they have different calculation methods and represent different aspects of an investment. Some other differences between the two concepts are<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>IRR<\/strong><\/td><td><strong>NPV<\/strong><\/td><\/tr><tr><td>The IRR is calculated in percentage.<\/td><td>The NPV depicts the cash value.<\/td><\/tr><tr><td>The IRR is a relative measure of financial performance.<\/td><td>The NPV is an absolute measure of financial performance.<\/td><\/tr><tr><td>The IRR frequently changes. Hence, it is a less effective metric for evaluating financial performance.<\/td><td>The NPV is a stable method of understanding the financial performance of an investment.<\/td><\/tr><tr><td>IRR does not consider any additional wealth during the calculation.<\/td><td>NPV considers additional wealth during calculation.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Investors prefer using IRR to evaluate the performance of short-term projects, while NPV is a better metric to analyse and estimate the performance of long-term projects.<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"IRR-in-capital-budgeting\"><\/span><strong>IRR in capital budgeting<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>IRR is a commonly used capital budgeting technique. It can be a deciding factor when it comes to choosing investments. For instance, if the cost of two projects is the same, the one with a better IRR may be ideal.&nbsp;<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Importance-of-IRR\"><\/span><strong>Importance of IRR<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Several companies use IRR to understand the financial implications of an investment. Some other popular uses of an IRR are:<\/p>\n\n\n\n<ul>\n<li>IRR is used to compare the profitability of two or more investments. Hence, it is an important tool for planning.<\/li>\n\n\n\n<li>Several companies use IRR to understand the <a href=\"https:\/\/www.tickertape.in\/glossary\/stock\/\">stock<\/a> buyback programs before offering them to their employees.<\/li>\n\n\n\n<li>Even individual investors use IRR to compare the returns on different insurance policies.<\/li>\n<\/ul>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Disadvantages-of-IRR\"><\/span><strong>Disadvantages of IRR<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>While IRR is a widely used metric used to understand the performance of an investment, it has some shortcomings, too, as stated below.<\/p>\n\n\n\n<ul>\n<li>IRR does not consider the project\u2019s duration while evaluating the performance.<\/li>\n\n\n\n<li>Instead of accounting for the cost of capital, IRR presumes that cash flows are reinvested at the same rate as the project. As a result, IRR might not accurately reflect profitability.<\/li>\n<\/ul>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>IRR is a crucial financial metric. It is widely used to understand the financial viability of a project or an investment. As an investor, you must know how to predict the present value of future cash flows using IRR. Once you know the concept, you can use the tool to compare investments effectively.<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-uagb-faq uagb-faq__outer-wrap uagb-block-226105b7 uagb-faq-icon-row uagb-faq-layout-accordion uagb-faq-expand-first-true uagb-faq-inactive-other-true uagb-faq__wrap uagb-buttons-layout-wrap uagb-faq-equal-height\" data-faqtoggle=\"true\" role=\"tablist\">\n<div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-7c19a1d9\" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\"><span class=\"uagb-icon uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M432 256c0 17.69-14.33 32.01-32 32.01H256v144c0 17.69-14.33 31.99-32 31.99s-32-14.3-32-31.99v-144H48c-17.67 0-32-14.32-32-32.01s14.33-31.99 32-31.99H192v-144c0-17.69 14.33-32.01 32-32.01s32 14.32 32 32.01v144h144C417.7 224 432 238.3 432 256z\"><\/path><\/svg><\/span><span class=\"uagb-icon-active uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M400 288h-352c-17.69 0-32-14.32-32-32.01s14.31-31.99 32-31.99h352c17.69 0 32 14.3 32 31.99S417.7 288 400 288z\"><\/path><\/svg><\/span><span class=\"uagb-question\"><strong>What is the IRR formula?<\/strong><\/span><\/div><p class=\"uagb-faq-content\">The <strong>IRR formula <\/strong>is:\u00a0<br><br>0 = NPV = t=1\u2211T (\u200bC<sub>t<\/sub>\/(1+IRR)<sup>t <\/sup>\u200b\u200b)\u2212C<sub>0<\/sub><br><br>Where:<br>C<sub>t <\/sub>= Net cash inflow during the period t<br>C<sub>0 <\/sub>= Total initial investment costs<br>IRR = The internal rate of return<br>T= the number of the time period<\/p><\/div>\n\n\n\n<div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-277e1481\" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\"><span class=\"uagb-icon uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M432 256c0 17.69-14.33 32.01-32 32.01H256v144c0 17.69-14.33 31.99-32 31.99s-32-14.3-32-31.99v-144H48c-17.67 0-32-14.32-32-32.01s14.33-31.99 32-31.99H192v-144c0-17.69 14.33-32.01 32-32.01s32 14.32 32 32.01v144h144C417.7 224 432 238.3 432 256z\"><\/path><\/svg><\/span><span class=\"uagb-icon-active uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M400 288h-352c-17.69 0-32-14.32-32-32.01s14.31-31.99 32-31.99h352c17.69 0 32 14.3 32 31.99S417.7 288 400 288z\"><\/path><\/svg><\/span><span class=\"uagb-question\"><strong>What is the primary difference between NPV and IRR?<\/strong><\/span><\/div><p class=\"uagb-faq-content\">The NPV accounts for the variations in cash flow, unlike the IRR. It also considers the period while understanding the returns of a project.<\/p><\/div>\n\n\n\n<div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-ed772f11\" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\"><span class=\"uagb-icon uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M432 256c0 17.69-14.33 32.01-32 32.01H256v144c0 17.69-14.33 31.99-32 31.99s-32-14.3-32-31.99v-144H48c-17.67 0-32-14.32-32-32.01s14.33-31.99 32-31.99H192v-144c0-17.69 14.33-32.01 32-32.01s32 14.32 32 32.01v144h144C417.7 224 432 238.3 432 256z\"><\/path><\/svg><\/span><span class=\"uagb-icon-active uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M400 288h-352c-17.69 0-32-14.32-32-32.01s14.31-31.99 32-31.99h352c17.69 0 32 14.3 32 31.99S417.7 288 400 288z\"><\/path><\/svg><\/span><span class=\"uagb-question\"><strong>How to calculate IRR?<\/strong><\/span><\/div><p class=\"uagb-faq-content\">There are three different ways of calculating the IRR:<br><br>&#8211; Using the IRR or the XIRR function in Excel<br>&#8211; IRR calculators are available online<br>&#8211; Manually trying different discount rates to derive a value.<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>IRR is used to analyse an investment&#8217;s rate of return. Read on to know what is IRR, how to calculate it and its uses.<\/p>\n","protected":false},"author":90,"featured_media":9978,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[1],"tags":[1929],"jetpack_featured_media_url":"https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/08-1-2.png","uagb_featured_image_src":{"full":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/08-1-2.png",2086,1086,false],"thumbnail":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/08-1-2-150x150.png",150,150,true],"medium":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/08-1-2-300x156.png",300,156,true],"medium_large":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/08-1-2.png",768,400,false],"large":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/08-1-2-1024x533.png",770,401,true],"1536x1536":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/08-1-2-1536x800.png",1536,800,true],"2048x2048":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/08-1-2-2048x1066.png",2048,1066,true],"authorship-box-avatar":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/08-1-2-150x150.png",150,150,true],"authorship-box-related":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/08-1-2-70x70.png",70,70,true],"post-thumbnail":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/08-1-2-270x180.png",270,180,true],"contentberg-main":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/08-1-2-770x515.png",770,515,true],"contentberg-main-full":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/08-1-2-1170x508.png",1170,508,true],"contentberg-slider-stylish":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/08-1-2-900x515.png",900,515,true],"contentberg-slider-carousel":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/08-1-2-370x370.png",370,370,true],"contentberg-slider-grid-b":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/08-1-2-554x466.png",554,466,true],"contentberg-slider-grid-b-sm":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/08-1-2-306x466.png",306,466,true],"contentberg-slider-bold-sm":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/08-1-2-150x150.png",150,150,true],"contentberg-grid":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/08-1-2-370x245.png",370,245,true],"contentberg-list":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/08-1-2-260x200.png",260,200,true],"contentberg-list-b":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/08-1-2-370x305.png",370,305,true],"contentberg-thumb":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/08-1-2-87x67.png",87,67,true],"contentberg-thumb-alt":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/08-1-2-150x150.png",150,150,true]},"uagb_author_info":{"display_name":"Anjali Chourasiya","author_link":"#molongui-disabled-link"},"uagb_comment_info":4,"uagb_excerpt":"IRR is used to analyse an investment's rate of return. Read on to know what is IRR, how to calculate it and its uses.","_links":{"self":[{"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/posts\/9972"}],"collection":[{"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/users\/90"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/comments?post=9972"}],"version-history":[{"count":3,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/posts\/9972\/revisions"}],"predecessor-version":[{"id":10660,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/posts\/9972\/revisions\/10660"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/media\/9978"}],"wp:attachment":[{"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/media?parent=9972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/categories?post=9972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/tags?post=9972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}