• Study Resource
  • Explore
    • Arts & Humanities
    • Business
    • Engineering & Technology
    • Foreign Language
    • History
    • Math
    • Science
    • Social Science

    Top subcategories

    • Advanced Math
    • Algebra
    • Basic Math
    • Calculus
    • Geometry
    • Linear Algebra
    • Pre-Algebra
    • Pre-Calculus
    • Statistics And Probability
    • Trigonometry
    • other →

    Top subcategories

    • Astronomy
    • Astrophysics
    • Biology
    • Chemistry
    • Earth Science
    • Environmental Science
    • Health Science
    • Physics
    • other →

    Top subcategories

    • Anthropology
    • Law
    • Political Science
    • Psychology
    • Sociology
    • other →

    Top subcategories

    • Accounting
    • Economics
    • Finance
    • Management
    • other →

    Top subcategories

    • Aerospace Engineering
    • Bioengineering
    • Chemical Engineering
    • Civil Engineering
    • Computer Science
    • Electrical Engineering
    • Industrial Engineering
    • Mechanical Engineering
    • Web Design
    • other →

    Top subcategories

    • Architecture
    • Communications
    • English
    • Gender Studies
    • Music
    • Performing Arts
    • Philosophy
    • Religious Studies
    • Writing
    • other →

    Top subcategories

    • Ancient History
    • European History
    • US History
    • World History
    • other →

    Top subcategories

    • Croatian
    • Czech
    • Finnish
    • Greek
    • Hindi
    • Japanese
    • Korean
    • Persian
    • Swedish
    • Turkish
    • other →
 
Profile Documents Logout
Upload
Exam 1 2008
Exam 1 2008

... 3. (4 points) Which is more responsible for the deviation of Computron’s ROE from the industry average: cost control or asset management? Explain. ...
Capital Structure: Basic Concepts
Capital Structure: Basic Concepts

... The levered firm pays less in taxes than does the all-equity firm. Thus, the sum of the debt plus the equity of the levered firm is greater than the equity of the unlevered firm. This is how cutting the pie differently can make the pie “larger.” -the government takes a smaller slice of the pie! ...
The ABCs of US savings bonds
The ABCs of US savings bonds

Bonds, Interest Rates, and the Impact of Inflation
Bonds, Interest Rates, and the Impact of Inflation

... existing bonds with higher interest rates tend to rise. Example: Jane buys a newly issued 10-year corporate bond that has a 4% coupon rate--that is, its annual payments equal 4% of the bond's principal. Three years later, she wants to sell the bond. However, interest rates have risen; corporate bond ...
Financial Assets - OpenTuition.com
Financial Assets - OpenTuition.com

... (commercial substance of FI may differ from it’s strict legal form . . . some FI takes legal form of equity and others liability . . . . Other FI combine features of equity and liability) . . . i.e. compound instrument A company will argue that a convertible should be reflected as equity because of ...
Solution - UW AFSA
Solution - UW AFSA

... this omission on its balance sheet at December 31, 20A, (end of the accounting period) was that A) assets and shareholder's equity were overstated but liabilities were not affected. B) shareholder's equity was the only item affected by the omission. C) assets and liabilities were understated but sha ...
Bonds, Interest Rates, and the Impact of Inflation
Bonds, Interest Rates, and the Impact of Inflation

Economics
Economics

Value creation remains a challenge
Value creation remains a challenge

1 TCSS ECONOMICS: Unit 5 PERSONAL FINANCE Unit Essential
1 TCSS ECONOMICS: Unit 5 PERSONAL FINANCE Unit Essential

7-0 - McGraw-Hill Education Canada
7-0 - McGraw-Hill Education Canada

... • Bonds of similar risk (and maturity) will be priced to yield about the same return, regardless of the coupon rate • If you know the price of one bond, you can estimate its YTM and use that to find the price of the second bond • This is a useful concept that can be transferred to valuing assets oth ...
Valuations in Mining and Exploration Seminar ‐ AIG (QLD)
Valuations in Mining and Exploration Seminar ‐ AIG (QLD)

Fed raises rates as job gains, firming inflation stoke confidence (by
Fed raises rates as job gains, firming inflation stoke confidence (by

... right now, bond guru Bill Gross told CNBC on Wednesday. And it is something that could possibly wreak havoc on the bond market, he said. That’s because monetary policy in both Europe and Japan is causing international investors to buy U.S. Treasurys, he explained. The European Central Bank is curren ...
Fundamental Investment Principles of DC Option Selection Prove
Fundamental Investment Principles of DC Option Selection Prove

факультета дистанционного обучения
факультета дистанционного обучения

... its weight, an international investment can be _____according to its total return, the total increase in value plus ant dividends or other payments. In this way, all investment instruments can be compared and evaluated by yield: their percentage increase in_______ over a given period of time. Inflat ...
Chapter 1: Introduction to Money and Banking
Chapter 1: Introduction to Money and Banking

Pui Ying College
Pui Ying College

... The monthly salary of Joseph has been increasing by 20% annually. If his monthly salary is now $13824, (a) find his monthly salary 3 years ago. ...
2. MLS Agents Are Excited About Your Home
2. MLS Agents Are Excited About Your Home

... The job of an agent is to report to sellers what home buyers are willing to pay for a home at a specific point in time. Who Then Controls Price? Generally speaking, it is the overall economic condition of the economy itself and the local user market. Who Is The Local User Market? It consists of buye ...
Douglass. Rob has focused on these narkets fron the point of
Douglass. Rob has focused on these narkets fron the point of

1. You were hired as a consultant to Keys Company, and you were
1. You were hired as a consultant to Keys Company, and you were

... 5. The Nunnally Company has equal amounts of low-risk, average-risk, and high-risk projects. Nunnally estimates that its overall WACC is 12%. The CFO believes that this is the correct WACC for the company’s average-risk projects, but that a lower rate should be used for lower risk projects and a hig ...
II,1-3 Powerpoint
II,1-3 Powerpoint

... Inventories can be done at anytime, but beginning January 1 and closing December 31 are standard because it corresponds to the tax year. The date should be significant to the business operation and convenient to the owner. ...
Cash Flow statement
Cash Flow statement

... Cash flow from operating activities Proceeds from disposal of intangible assets Payments to acquire intangible assets Proceeds from disposal of property, plant and equipment Payments to acquire property, plant and equipment Proceeds from disposal of non-current financial assets Payments to acquire n ...
FORM No. IV
FORM No. IV

ECON 371 Spring 2009 Answer Key for Problem Set 3 (Chapters 16
ECON 371 Spring 2009 Answer Key for Problem Set 3 (Chapters 16

... (1. a) From the GDP identity: GDP = GNE + TB = $8,000 + $700 million = $8,700 million. From the GNI identity: GNI = GDP + NFIA = $8,700 + $350 million = $ 9,050 million From the GNDI identity: GNDI = GNI + NUT = $9,050 + (-$50) million = $ 9,000 million From the definition of GNE: GNE = C + I + G. T ...
Competition prizes Prize summary Co
Competition prizes Prize summary Co

< 1 ... 133 134 135 136 137 138 139 140 141 ... 178 >

Present value

In economics, present value, also known as present discounted value, is the value of an expected income stream determined as of the date of valuation. The present value is always less than or equal to the future value because money has interest-earning potential, a characteristic referred to as the time value of money, except during times of negative interest rates, when the present value will be greater than the future value. Time value can be described with the simplified phrase, “A dollar today is worth more than a dollar tomorrow”. Here, 'worth more' means that its value is greater. A dollar today is worth more than a dollar tomorrow because the dollar can be invested and earn a day's worth of interest, making the total accumulate to a value more than a dollar by tomorrow. Interest can be compared to rent. Just as rent is paid to a landlord by a tenant, without the ownership of the asset being transferred, interest is paid to a lender by a borrower who gains access to the money for a time before paying it back. By letting the borrower have access to the money, the lender has sacrificed the exchange value of this money, and is compensated for it in the form of interest. The initial amount of the borrowed funds (the present value) is less than the total amount of money paid to the lender.Present value calculations, and similarly future value calculations, are used to value loans, mortgages, annuities, sinking funds, perpetuities, bonds, and more. These calculations are used to make comparisons between cash flows that don’t occur at simultaneous times. The idea is much like algebra, where variable units must be consistent in order to compare or carry out addition and subtraction; time dates must be consistent in order to make comparisons between values or carry out simple calculations. When deciding between projects in which to invest, the choice can be made by comparing respective present values of such projects by means of discounting the expected income streams at the corresponding project interest rate, or rate of return. The project with the highest present value, i.e. that is most valuable today, should be chosen.
  • studyres.com © 2025
  • DMCA
  • Privacy
  • Terms
  • Report