Open Access. Powered by Scholars. Published by Universities.®
- Discipline
Articles 1 - 3 of 3
Full-Text Articles in Business
Quantifying Time Value Errors, George A. Mangiero, Susan M. Mangiero
Quantifying Time Value Errors, George A. Mangiero, Susan M. Mangiero
WCBT Faculty Publications
Focuses on the quantification of the magnitude of error when the mathematical function for present value is ignored and interpolation is used to determine the discount factor in the time valuation of cash flows. Length of discounting period; Linear interpolation between table present value factors for periodic interest rate and same interest rate plus one per cent; Sensitivity of maximum error timing to interest rate.
Bonds Issued Between Interest Dates: What Your Textbook Didn't Tell You, Elbert B. Greynolds, Jr., Arthur L. Thomas
Bonds Issued Between Interest Dates: What Your Textbook Didn't Tell You, Elbert B. Greynolds, Jr., Arthur L. Thomas
Historical Working Papers
Inconsistencies in calculating the interest that accrues to bonds due to application of straight line allocation is investigate. The authors suggest that compound interest should be appropriately calculated to avoid paradoxical outcomes.
New Efficient Equations To Compute The Presentvalue Of Morgage Interest Payments And Accelerated Depreciation Tax Benefits, Elbert B. Greynolds, Jr.
New Efficient Equations To Compute The Presentvalue Of Morgage Interest Payments And Accelerated Depreciation Tax Benefits, Elbert B. Greynolds, Jr.
Historical Working Papers
Equations are presented that allow students to quickly calculate present value for mortgage payments and depreciation tax benefits. Calculations can be done witha hand calculator that has a Y x(exponent) function.