Browse our collection of papers in
The Time Value of Money

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C/F/401. Leasing vs. Buying

WORDS:
2400
DATE:
2008
PRICE:
29.99 GBP

The paper looks at some practical examples of leasing and purchasing that show how difficult it is for a company to decide which option is better. It is suggested that factors like inflation and the present value of future inflows and outflows should be taken into account.

 

KEYWORDS: Leasing, discounted cash flows, present value, inflation, amortization schedule, disco,

 

S/F/170. Institutional Asset Allocation: construction of spot rate and forward rate curve

WORDS:
3500
DATE:
2008
PRICE:
39.99 GBP

The paper examines the construction of spot rate and forward rate curve, using a set of yield to maturity values provided. An attempt is made to derive a function to describe the spot rate movement, in order to achieve a best fit for the spot rate curve. It is examined whether the forward rate is an unbiased estimator of future spot rate.

 

KEYWORDS: Lender, borrower, money, spot rate, forward rate curve,

 

C/F/143. Using Excel to calculate annuities, bond valuations and analyze a sample of data.

WORDS:
2000
ADD-ONS:
Spreadsheets
DATE:
2006
PRICE:
29.99 GBP

This report develops some basic Excel applications including annuity and fixed income products. A sample of data is also analyzed using Excel to calculate simple descriptive statistics and carry out hypothesis testing.

 

KEYWORDS: Time value of money, annuities, bond valuation, hypothesis testing, statistics,