Excel Excel Help -- IRR Calc for 3o months

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May 1, 2006
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I had irr for 24 monthly payments no problem. After I changed repayment of debt from month 24th to month 30th I can't calculate IRR any more -- it gives me "Num" IRR result instead of %. What should I do differntly? I can't figure this on my own.

I am using the following formular to calculate IRR(negative initial Inv in Mnth 0, monthly coupon payments in Mnth 1-29, repayment of the initial investment plus monthly coupon in month 30)*12

Thank you very much & cheers,
Ellie
 
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