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David E. Vance

Publications (2)

A New Algorithm for Internal Rate of Return

David E. Vance · Journal of Economics, Management and Trade · 2018

The objective of the paper is to present a transparent and easy to use method of computing Internal rate of return (IRR). The methodology is based on a thought experiment involving three datapoints, one which represents a test IRR that is greater than the solution, one with a tes...

Open access Research Article 10.9734/JEMT/2018/43914

Are there Simple Indicators as to Which IPOs Outperform the Market over the Long Term?

David E. Vance & Briance Mascarenhas · Journal of Economics, Management and Trade · 2013

Aims: Most companies making an Initial Public Offering (IPO) underperform the market over the long term. Is this because investors are so enamored with IPOs that hope triumphs analysis? If investors are willing to invest in companies likely to underperform the market, someone wil...

Open access Research Article 10.9734/BJEMT/2014/6349