Die interne Zinsfußmethode wird zu Unrecht kritisiert,wenn man ihr generell eine verborgene Wiederanlageprämisseunterstellt. Der vorliegende Beitrag zeigt, daß insehr vielen Fällen Äquivalenz mit der Kapitalwertmethodebesteht.

The basis of Germany´s technological competitiveness continues to be a good one. In the nineties, however, the investments to maintain this position have left much to be desired. The most recent efforts in investments, in research and development and patenting activities are found to be...

Recent increases in Iowa farmland values and the turbulence in the stock market have resurrected a perennial question. Which is a better investment - the stock market or farmland?[...]

In enhanced annuities, the annuity payment depends on one's state ofhealth at some contracted date while in "standard annuities", it does not.The focus of this paper is on an annuity market where "standard" and en-hanced annuities are oered simultaneously. When all insured know equallywell on...

Life annuities provide a guaranteed income for the remainder of the recipi-ent’s lifetime, and therefore, annuitization presents an important option whenchoosing an adequate investment strategy for the retirement ages. While thereare numerous research articles studying annuities from a...