Hello,
I am building a discounted cash flow model, which calculates my IRR at on a yearly stream of flows. I need a 25% IRR, so I have to manually change the purchase price until it hits. (Goal seek will not work on this model). Is it possible to create a circular reference so the purchase price will adjust up or down until the IRR is hit -- assuming I round the matching IRR to 25.00% even.
If so, any tips?
Thanks!
I am building a discounted cash flow model, which calculates my IRR at on a yearly stream of flows. I need a 25% IRR, so I have to manually change the purchase price until it hits. (Goal seek will not work on this model). Is it possible to create a circular reference so the purchase price will adjust up or down until the IRR is hit -- assuming I round the matching IRR to 25.00% even.
If so, any tips?
Thanks!