Multiple IRR: Combining internal/external fund optimization, risk and opportunity losses

Ean Harn Ng; Mario G. Beruvides

Multiple IRR: Combining internal/external fund optimization, risk and opportunity losses

Ean Harn Ng, Mario G. Beruvides

Industrial Engineering

Research output: Contribution to conference › Paper › peer-review

1 Scopus citations

Abstract

A conceptual framework was developed which incorporates the combination of internal and external refinancing/reinvestment of interim cash flow, the potential risk incurred and utilizing optimization to maximize the IRR obtained. This framework addresses the multiple IRR problem and diverges from most other methods proposed in two ways: This model incorporates most of the variables involved in rate of return analysis, which includes risk, opportunity cost, internal/external refinancing/reinvestment of interim cash flow; this model utilizes optimization technique with the objective of maximizing IRR. The research attempts to develop a model that would provide a unique IRR that could be used for decision making.

Original language	English
Pages	425-429
Number of pages	5
State	Published - 2007
Event	28th Annual National Conference of the American Society for Engineering Management 2007 - Innovation Management: Innovation in a Flattened World, ASEM 2007 - Chattanooga, TN, United States Duration: Nov 7 2007 → Nov 10 2007

Conference

Conference	28th Annual National Conference of the American Society for Engineering Management 2007 - Innovation Management: Innovation in a Flattened World, ASEM 2007
Country/Territory	United States
City	Chattanooga, TN
Period	11/7/07 → 11/10/07

Keywords

Internal and external refinancing/reinvestment
Multiple IRR
Opportunity cost

Cite this

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abstract = "A conceptual framework was developed which incorporates the combination of internal and external refinancing/reinvestment of interim cash flow, the potential risk incurred and utilizing optimization to maximize the IRR obtained. This framework addresses the multiple IRR problem and diverges from most other methods proposed in two ways: This model incorporates most of the variables involved in rate of return analysis, which includes risk, opportunity cost, internal/external refinancing/reinvestment of interim cash flow; this model utilizes optimization technique with the objective of maximizing IRR. The research attempts to develop a model that would provide a unique IRR that could be used for decision making.",

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note = "28th Annual National Conference of the American Society for Engineering Management 2007 - Innovation Management: Innovation in a Flattened World, ASEM 2007 ; Conference date: 07-11-2007 Through 10-11-2007",

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Multiple IRR: Combining internal/external fund optimization, risk and opportunity losses. / Ng, Ean Harn; Beruvides, Mario G.
2007. 425-429 Paper presented at 28th Annual National Conference of the American Society for Engineering Management 2007 - Innovation Management: Innovation in a Flattened World, ASEM 2007, Chattanooga, TN, United States.

Research output: Contribution to conference › Paper › peer-review

TY - CONF

T1 - Multiple IRR

T2 - 28th Annual National Conference of the American Society for Engineering Management 2007 - Innovation Management: Innovation in a Flattened World, ASEM 2007

AU - Ng, Ean Harn

AU - Beruvides, Mario G.

PY - 2007

Y1 - 2007

N2 - A conceptual framework was developed which incorporates the combination of internal and external refinancing/reinvestment of interim cash flow, the potential risk incurred and utilizing optimization to maximize the IRR obtained. This framework addresses the multiple IRR problem and diverges from most other methods proposed in two ways: This model incorporates most of the variables involved in rate of return analysis, which includes risk, opportunity cost, internal/external refinancing/reinvestment of interim cash flow; this model utilizes optimization technique with the objective of maximizing IRR. The research attempts to develop a model that would provide a unique IRR that could be used for decision making.

AB - A conceptual framework was developed which incorporates the combination of internal and external refinancing/reinvestment of interim cash flow, the potential risk incurred and utilizing optimization to maximize the IRR obtained. This framework addresses the multiple IRR problem and diverges from most other methods proposed in two ways: This model incorporates most of the variables involved in rate of return analysis, which includes risk, opportunity cost, internal/external refinancing/reinvestment of interim cash flow; this model utilizes optimization technique with the objective of maximizing IRR. The research attempts to develop a model that would provide a unique IRR that could be used for decision making.

KW - Internal and external refinancing/reinvestment

KW - Multiple IRR

KW - Opportunity cost

UR - http://www.scopus.com/inward/record.url?scp=84880077364&partnerID=8YFLogxK

M3 - Paper

AN - SCOPUS:84880077364

SP - 425

EP - 429

Y2 - 7 November 2007 through 10 November 2007

ER -

Multiple IRR: Combining internal/external fund optimization, risk and opportunity losses

Abstract

Conference

Keywords

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