• 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
Realpool Investment Fund
Realpool Investment Fund

... Fair value through profit and loss Financial instruments classified as FVTPL are subsequently measured at fair value at each reporting period with changes in fair value recognized in the Statement of Comprehensive Income. The Fund’s investments are designated as FVTPL. Fair value is the price that w ...
Accounting Characteristics and Performance of the Thai Value and
Accounting Characteristics and Performance of the Thai Value and

Sec 6, Mod 32, 33, 34
Sec 6, Mod 32, 33, 34

$doc.title

... This represents what the corporation has left over after workers have been paid, taxes on property and profits have been paid, and new investments have been made. The return on a one-period bond, which we refer to as the risk-free rate, is given by n ...
NBER WORKING PAPER SERIES MONETARY POLICY IN A FINANCIAL CRISIS Christopher Gust
NBER WORKING PAPER SERIES MONETARY POLICY IN A FINANCIAL CRISIS Christopher Gust

A Yen is not a Yen: TIBOR/LIBOR and the `Japan Premium`
A Yen is not a Yen: TIBOR/LIBOR and the `Japan Premium`

... of returns (changes in interest rate levels) over 12 hour time intervals and strong negative autocorrelation of returns at 12 hour lags. These effects were due solely to the shifting credit ratings of the banks that dominated the different time zones.1 In terms of TIBOR and LIBOR, if one asked what ...
Chapter 1: An Introduction to Corporate Finance
Chapter 1: An Introduction to Corporate Finance

Introduction to Real Estate
Introduction to Real Estate

... One might think that after this experience a chapter about real estate directed at college students would simply warn these young investors to stay away from real estate - don't make the same mistakes made by your parents! But that isn't the case. In fact the theme of this chapter is to encourage yo ...
AEGON
AEGON

Do Financial Frictions Explain Chinese Firms` Saving and
Do Financial Frictions Explain Chinese Firms` Saving and

... domestic financial markets are important in explaining the joint dynamics of TFP and capital flows. When an economic reform eliminates financial distortions, the TFP of a small open economy rises due to the more efficient allocation of resources. At the same time, saving rates surge while investmen ...
Mr Madoff`s Amazing Returns: An analysis of the Split Strike
Mr Madoff`s Amazing Returns: An analysis of the Split Strike

Money as Friction: Conceptual Dissonance in
Money as Friction: Conceptual Dissonance in

THE CHARLOTTE-MECKLENBURG HOSPITAL AUTHORITY
THE CHARLOTTE-MECKLENBURG HOSPITAL AUTHORITY

... agencies also measure balance sheet strength to assess how well an organization can withstand periods of financial stress. In doing so, they evaluate the amount of long-term debt as well as unrestricted cash and investments (cash, short-term investments and investments designated for capital improve ...
Table of Contents - Maryland Public Service Commission
Table of Contents - Maryland Public Service Commission

... Starting with the 1999 stock price, which is known to ...
The Macroeconomic Transition to High Household Debt Jeffrey R. Campbell Zvi Hercowitz
The Macroeconomic Transition to High Household Debt Jeffrey R. Campbell Zvi Hercowitz

... From the middle 1930s until the early 1980s, 15 and 30 year amortized mortgages accounted for most of collateralized household debt. These required the home owner to take an initial equity share at the time of purchase and to accumulate further equity as the debt amortizes. The implied forced savin ...
The Phoenix CFA Society Wendell Licon, CFA
The Phoenix CFA Society Wendell Licon, CFA

... What is the NPV of the project if we discount the CF at 15%? – Zero - by definition of IRR. Is the PV of the CF’s going to be higher or lower if the rate is 10%? Higher - lower rate means higher PV. So, the sum term is bigger at 10%, so the NPV is positive ===> accept. ...
Updating the Discount Rate Used for Benefit-Cost Analysis
Updating the Discount Rate Used for Benefit-Cost Analysis

Index Growth Annuity 5 And 7
Index Growth Annuity 5 And 7

Introduction to Business
Introduction to Business

... Checking accounts are tools that many people use to make payments. A checking account provides a way for consumers to manage their spending, make payments easily, and keep track of their funds. When they have a checking account, customers can access information online through the bank’s Web site. ...
Vale SA (Form: 6-K, Received: 10/24/2012 17:26:31)
Vale SA (Form: 6-K, Received: 10/24/2012 17:26:31)

... We have reviewed the accompanying balance sheet of Vale S.A. (the “Company”) as of September 30, 2012 and the related statements of income and comprehensive income for the quarter and nine-month periods then ended, and the statements of changes in equity and cash flows for the nine-month period then ...
Actuarial Methods for Valuing Illiquid Assets
Actuarial Methods for Valuing Illiquid Assets

Pricing Rate of Return Guarantees in Regular Premium Unit Linked
Pricing Rate of Return Guarantees in Regular Premium Unit Linked

Fixed Income in a Rising Rate Enviornment
Fixed Income in a Rising Rate Enviornment

... demand less of a risk premium because they are more confident they will get their money back. Wider starting credit spread levels have more room to tighten. This may help reduce the overall yield increase if spreads tighten. The result is less of a decline in the prices of non-government bonds. Howe ...
Responding to the Stubbornly Steep U.S. Treasury Yield Curve
Responding to the Stubbornly Steep U.S. Treasury Yield Curve

Major Points
Major Points

< 1 ... 60 61 62 63 64 65 66 67 68 ... 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