Calculate the Extended Internal Rate of Return for cash flows occurring at irregular intervals. Unlike standard IRR which assumes periodic cash flows, XIRR handles any date spacing. The dates array represents year fractions from the first cash flow date. Essential for evaluating real-world investments with irregular payment schedules such as private equity, venture capital, or any investment with non-standard cash flow timing.
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Array of cash flows (negative for outflows, positive for inflows)
[-100000, 20000, 30000, 25000, 60000]Array of dates as year fractions from the first date
[0, 0.25, 0.75, 1.5, 2]Initial guess for the XIRR solver
0.1