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Unformatted text preview: Time Value of Money Summary Factors Affecting Discount Rates pure time premium risk inflation income tax Time Lines -- a useful organizing device that leads naturally into a spreadsheet. Special Applications: residential mortgages (Ch. 12) bonds (Ch. 14) 1 ) 1 ( ) 1 (-+ + = i k k nom real tax before tax after k t k---= ) 1 (...
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This note was uploaded on 10/14/2011 for the course ADMS 3541 taught by Professor Staff during the Winter '10 term at York University.
- Winter '10