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Time Value of Money
Essay specific features
Written by:
Lori J
Date added:
August 16, 2015
Level:
University
Grade:
A
No of pages / words:
5 / 1216
Was viewed:
8625 times
Rating of current essay:
Essay content:
Yield or rate of return can also be calculated.
One financial application of the time value of money is buying or selling a house mortgage note. Although normally handled by financial institutions, individuals can use this as an investment opportunity. The first step is having the note is calculated for present value...
displayed 300 characters
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The first step is having the note is calculated for present value. A Certified Mortgage Appraiser determines the current value of a mortgage note. The note is calculated by figuring out the present value using several factors including the interest rate, liquidity, collateral and degree of safety (Groom, 2006)...
displayed 300 characters
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