The Dow Jones-Irwin Guide to Calculating Yields: see why IRR is the single magic number by which all forms of investment may be directly compared

Lawrence R. Rosen

Jan 1985 · Lawrence R Rosen

About this ebook

Price/earnings ratios and dividend payout. Yield to maturity and yield to call. Cash-on- cash return and equity build-up. Sound confusing? Stock brokers, bond dealers, and real estate promoters all speak different languages when it comes to extolling the virtues of their investment proposals.

This book reduces the jargon to a single magic number or common denominator—a yardstick by which all forms of investment may be directly compared—the Internal Rate of Return or IRR.

Now you can invest like a computer whiz— without a computer. Using the simple graphs devised by Larry Rosen from approximately 30,000,000 calculations, you can quickly evaluate any investment proposal in a highly professional and precise manner. Analysis that would take hours, and in some cases days, can be performed accurately in mere seconds of your time.

And if you wish to go a step beyond, you can discover the benefits of analysis by marginal IRR, as well as by partitioning the IRR.

Whether you use the graphs or recreate the computations from the programming instructions and formulas that are included, this book will take the mystery out of investing and help you make more intelligent investment decisions.