منابع مشابه
On the (non-)equivalence of IRR and NPV
The internal rate of return (IRR) is generally considered inferior to the net present value (NPV) as a tool for evaluating and ranking projects, despite its inherently useful comparability to the cost of capital and the return of other investment opportunities. We introduce the ‘‘selective IRR’’, a return criterion which, as a selection of an extended set of possible IRRs, is NPV-consistent. Th...
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This paper develops a refinance model that provides pertinent information for investors about refinancing their mortgage. We discuss the input variables and how to compute the breakeven number of months when deciding to refinance a mortgage. We incorporate the interest rate tax effects that are normally ignored by investors when making their refinancing decision. We also compute the net present...
متن کاملChapter Four - Cash Flow Models in Ratemaking: a Reformulation of Myers-cohn Npv and Irr Models for Equivalency
SUMMARY The Myers-Cohn Net Present Value model and NCCI's IRR model are the two leading cash flow models used in ratemaking. This paper presents simple parameter and structural changes which demonstrate their equivalency. The " fair " premium produced by both models is shown to be identical given rational and consistent rules for setting parameter values, control of the flow of surplus, and dis...
متن کاملOn ultraproducts of Boolean algebras and irr
Anotated Content §1 Consistent inequality [We prove the consistency of irr(i<κ B i /D) < i<κ irr(B i)/D where D is an ultrafilter on κ and each B i is a Boolean Algebra. This solves the last problem of this form from the Monk's list of problems in [M2], that is number 35. The solution applies to many other properties, e.g. Souslinity.] §2 Consistency for small cardinals [We get similar results ...
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ژورنال
عنوان ژورنال: Advances in economics, business and management research
سال: 2022
ISSN: ['2352-5428']
DOI: https://doi.org/10.2991/aebmr.k.220603.133