東華大學圖書館 |

Language: English

Help

回圖書館首頁

手機版館藏查詢

Back

Switch To: Labeled | MARC Mode | ISBD

Multiple interest rate analysis : = ...

Osborne, Michael J.,

Linked to FindBook

Google Book

Amazon

博客來

Multiple interest rate analysis : = theory and applications /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Multiple interest rate analysis :/ by Michael J. Osborne.
Reminder of title:	theory and applications /
Author:	Osborne, Michael J.,
Description:	1 online resource.
[NT 15003449]:	1. Multiple Interest Rate Analysis: What it is and Why it is Important -- 2. Motivation -- 3. Four Key Results of Multiple Interest Rate Analysis -- 4. Is APR a Robust Measure of the Cost of Consumer Credit? -- 5. Multiple Interest Rate Analysis Demonstrates Why the IRR Pitfalls are Irrelevant and Provides a Better Reason to Prefer NPV as an Investment Criterion -- 6. An Accurate Formula is Derived for the Impact of a Shift in Yield on the Price of a Bond -- 7. Multiple Interest Rate Analysis Sheds Light on the Reswitching Phenomenon -- 8. A Summing Up.
Subject:	Interest rates. -
Online resource:	http://link.springer.com/10.1057/9781137372772
ISBN:	113737277X (electronic bk.)

Multiple interest rate analysis : = theory and applications /
Osborne, Michael J.,

Multiple interest rate analysis :theory and applications /by Michael J. Osborne. - 1 online resource.

1. Multiple Interest Rate Analysis: What it is and Why it is Important -- 2. Motivation -- 3. Four Key Results of Multiple Interest Rate Analysis -- 4. Is APR a Robust Measure of the Cost of Consumer Credit? -- 5. Multiple Interest Rate Analysis Demonstrates Why the IRR Pitfalls are Irrelevant and Provides a Better Reason to Prefer NPV as an Investment Criterion -- 6. An Accurate Formula is Derived for the Impact of a Shift in Yield on the Price of a Bond -- 7. Multiple Interest Rate Analysis Sheds Light on the Reswitching Phenomenon -- 8. A Summing Up.

Although mathematicians have known about complex numbers as solutions to equations since the seventeenth century, the numbers had few applications until the twentieth century. Today, their applications include mobile phones, satellite navigation, imaging techniques (MRI, PET), and circuit design in computers. Until recently, however, there were few applications of complex numbers to finance. This situation has changed. "Multiple Interest Rate Analysis" is the study of all interest rates solving the time value of money equation - not only the orthodox rates of conventional economics, but also the unorthodox rates that are complex-valued. The unorthodox rates are employed to convert conventional financial equations containing a single interest rate into 'dual' expressions containing every rate. These dual expressions solve long-standing puzzles and lead to revised conclusions about best practice and sound policy advice in various areas of financial economics, including loan finance, investment appraisal, bond risk management, and capital theory.

ISBN: 113737277X (electronic bk.)

Source: 706440Palgrave Macmillanhttp://www.palgraveconnect.comSubjects--Topical Terms:

654999
Interest rates.
Index Terms--Genre/Form:

542853
Electronic books.

LC Class. No.: HG1621

Dewey Class. No.: 332.8

Multiple interest rate analysis : = theory and applications /
LDR:02791cmm a2200337Ki 4500 001 1950126
003 OCoLC
005 20140910115752.0
006 m o d
007 cr cnu---unuuu
008 231227s2014 enka o 000 0 eng d
020 $a 113737277X (electronic bk.)
020 $a 9781137372772 (electronic bk.)
035 $a (OCoLC)865470221
035 $a ocn865470221
035 $a 1950126
037 $a 706440 $b Palgrave Macmillan $n http://www.palgraveconnect.com
040 $a UKPGM $b eng $e rda $e pn $c UKPGM $d IDEBK $d CDX $d OCLCO $d OCLCF
049 $a TEFA
050 4 $a HG1621
082 0 4 $a 332.8 $2 23
100 1 $a Osborne, Michael J., $e author. $3 3648330
245 1 0 $a Multiple interest rate analysis : $b theory and applications / $c by Michael J. Osborne.
264 1 $a Basingstoke : $b Palgrave Pivot, $c 2014.
300 $a 1 online resource.
336 $a text $b txt $2 rdacontent
337 $a computer $b c $2 rdamedia
338 $a online resource $b cr $2 rdacarrier
505 0 $a 1. Multiple Interest Rate Analysis: What it is and Why it is Important -- 2. Motivation -- 3. Four Key Results of Multiple Interest Rate Analysis -- 4. Is APR a Robust Measure of the Cost of Consumer Credit? -- 5. Multiple Interest Rate Analysis Demonstrates Why the IRR Pitfalls are Irrelevant and Provides a Better Reason to Prefer NPV as an Investment Criterion -- 6. An Accurate Formula is Derived for the Impact of a Shift in Yield on the Price of a Bond -- 7. Multiple Interest Rate Analysis Sheds Light on the Reswitching Phenomenon -- 8. A Summing Up.
520 $a Although mathematicians have known about complex numbers as solutions to equations since the seventeenth century, the numbers had few applications until the twentieth century. Today, their applications include mobile phones, satellite navigation, imaging techniques (MRI, PET), and circuit design in computers. Until recently, however, there were few applications of complex numbers to finance. This situation has changed. "Multiple Interest Rate Analysis" is the study of all interest rates solving the time value of money equation - not only the orthodox rates of conventional economics, but also the unorthodox rates that are complex-valued. The unorthodox rates are employed to convert conventional financial equations containing a single interest rate into 'dual' expressions containing every rate. These dual expressions solve long-standing puzzles and lead to revised conclusions about best practice and sound policy advice in various areas of financial economics, including loan finance, investment appraisal, bond risk management, and capital theory.
588 $a Description based on print version record.
650 0 $a Interest rates. $3 654999
655 7 $a Electronic books. $2 lcsh $3 542853
710 2 $a Palgrave Connect (Online service) $3 1081578
776 0 8 $i Print version: $a Osborne, Michael J., author. $t Multiple interest rate analysis $z 9781137372765 $w (OCoLC)862092008
856 4 0 $3 Palgrave Connect $u http://link.springer.com/10.1057/9781137372772