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How can the sum of cash flows that have positive XIRR have negative xirr?
I have an example of 3 cash flow streams, each with a positive XIRR :
https://docs.google.com/spreadsheet/ccc?key=0AqC9MxHOuSBedGFzUmhFTkVtOHh4S01jakVwalJhQkE#gid=0
Strangely, the cashflow that is ...
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Comparing investment opportunities questions (from interview) [closed]
How would you analyze the following structured fixed income investment opportunities that require an initial outlay of $18 million initially and a further expenditure in year 5 of 20 million (assume ...