We help make it more economical to create cleaner

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Unformatted text preview: arge proportion of the world’s wind turbines. Up to 25 % of the generating costs relate to maintenance. These can be reduced dramatically thanks to our systems for on-line condition monitoring and automatic lubrication. We help make it more economical to create cleaner, cheaper energy out of thin air. By sharing our experience, expertise, and creativity, industries can boost performance beyond expectations. Therefore we need the best employees who can meet this challenge! The Power of Knowledge Engineering Plug into The Power of Knowledge Engineering. Visit us at www.skf.com/knowledge Download free ebooks at bookboon.com 20 Corporate Finance Present value and opportunity cost of capital 3. As maturity approaches the market value of a bond approaches par value 4. Long-term bonds have greater interest rate risk than do short-term bonds 5. Sensitivity of a bond’s value to changing interest rates depends not only on the length of time to maturity, but also on the patterns of cash flows provided by the bond 3.9 Valuing stocks using present value formu...
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