Calculate the Internal Rate of return for cashflows on investments where there are multiple transactions taking place in different times.

Investors can use XIRR to calculate the returns of their SIP, SWP, lump sum investment with additional purchases, multiple redemptions and other types of transactions involving multiple cash-flows. XIRR takes into account all cash-flows – both, inflows and outflows - and the times at which cash-flows happen. The XIRR equation is quite complex as one has to do trial and errors to calculate XIRR manually.
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