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C = Cash Flow at time t. IRR = discount rate/internal rate of return expressed as a decimal. t = time period. If we think about things intuitively, if one project (assume all other things equal) has a higher IRR, then it must generate greater cash flows, i.e. a bigger numerator must be divided by a bigger denominator, and hence IRR, given the ...Today's Change (-0.71%) -$2.33. Current Price ... If you have $1,000 at the ready, pharmaceutical stock Bristol Myers Squibb (BMY 1.46%) is a smart place to put your cash to work.

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