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internal rate of return
noun
an interest rate giving a net present value of zero when applied to the expected cash flow of a project. Its value, compared to the cost of the capital involved, is used to determine the project's viability
Example Sentences
“We expect the returns on these projects are going to be market rate — double-digit internal rate of return — and we think that is going to encourage a lot of other people to get in this space and build net new affordable housing,” Miller said.
But Thomas H. Lee eventually earned a 34 percent internal rate of return from it.
The $6.7 billion Blackstone Tactical Opportunities Fund II and the Tactical Opportunities Fund III, which raised $4.09 billion, had generated a net internal rate of return of 14.1% and 11.7%, respectively, as of June last year, according to the California Public Employees' Retirement System.
It reported a net internal rate of return of just 2% as of the end of September, according to Blackstone's most recent quarterly earnings.
By comparison, the predecessor fund that Clarus raised in 2018, before Blackstone took over, was delivering a 15% net internal rate of return as of the end of September.
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