"The value ascribed to any asset is a discounted value of future expected returns, " the Fed chairman noted, and he suggested that " significant difficulties " in accounting " impede judgments about prospective earnings ."
22.
Buffett ( 1996 ) stated,'Intrinsic value can be defined simply : It is the discounted value of the cash that can be taken out of a business during its remaining life' ( p . 11 ).
23.
If " F " is a payment that will be made " t " years in the future, then the " Present Value " of this Payment, also called the " Discounted Value " of the payment, is
24.
To pay for your pension, assumed for simplicity to be received at the end of each year, and taking discounted values in the manner of a net present value calculation, you need a lump sum available at retirement of:
25.
While it has become fashionable to characterize a stock's price as the discounted value of future earnings, Siegel points out that finance theory " states emphatically " that a stock price is the discounted value of future dividends and other cash distributions.
26.
While it has become fashionable to characterize a stock's price as the discounted value of future earnings, Siegel points out that finance theory " states emphatically " that a stock price is the discounted value of future dividends and other cash distributions.
27.
The catch with a Qualified Personal Residence Trust, however, is that the discounted value is applied only if the grantor _ the person who created the trust _ outlives the term of the trust and the property is transferred to the trust's beneficiary.
28.
Early in a redemption period, the ratio would be nearly one-to-one, but as the first expiration date approaches, the ratio would slowly fall to ( let's say the discounted value of fresh bills you got was . 95 of your original amount ) . 95 : 1.
29.
And while the property is still subject to gift and estate taxes, those taxes are reduced or even eliminated because they are based on the discounted value assigned to the property at the time the trust was created and do not reflect any subsequent increase in value.
30.
A basic model of the financial accelerator suggests that a firm's spending on a discounted value of the firm's assets ); and indirectly, by reducing the demand for a firm's products, which reduces the firm's revenue while its short-run fixed cost do not adjust ( lowering the firm's gross cash flow ).