Rate of Return Would Not Increase To the Extent of Annuity Saving Discount
This note demonstrates that when there is a discount on uniform cash flow, the rate of return would not increase to the extent of the discount. The extent to which the rate of return would increase depends on the investment horizon.
Year of publication: |
2014
|
---|---|
Authors: | Jan, Yin-Ching ; Chun, Lin Yu |
Published in: |
The Economics and Finance Letters. - Pak Publishing Group. - Vol. 1.2014, 7, p. 66-69
|
Publisher: |
Pak Publishing Group |
Saved in:
freely available
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