Amortization: A Guide to the Ready Computation of the Investment Value of Bonds by the Use of the Extended Bond Tables (Classic Reprint) - Softcover
Synopsis
Excerpt from Amortization: A Guide to the Ready Computation of the Investment Value of Bonds by the Use of the Extended Bond Tables
If we were compelled to compute each separate value by arithmetic, the pro rata method would in most cases be easier; but where the values at all ordinary rates and times have been exactly calculated and tabu lated, as they are in sprague's bond values, it is quite as easy to use the scientific method.
The scientific method gives far more satisfactory results and equalizes the rate of interest during the life of the bond. If the simple method be applied to a seven-year 7% bond bought on a 4% basis, it will be found that the income on the investment value, instead of being a uniform varies from to It does not, therefore, result in giving the purchaser the exact periodical income upon the basis of which the bond was purchased, even for this short maturity.
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Amortization (Classic Reprint)
Print on DemandSeller: Forgotten Books, London, United Kingdom
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Paperback. Condition: New. Print on Demand. This book provides a comprehensive guide to utilizing extended bond tables to calculate investment values for bonds held as investments. Prior to the early 1900s, banks and other financial institutions relied on inaccurate and incomplete tables for bond valuation. The authorās creation of extended bond tables and accompanying rules addressed this problem, allowing for more precise and efficient amortization of premiums and discounts. The book explains the theory of amortization, demonstrates the computation of investment values, and includes practical examples to guide readers through the process. This book is essential reading for anyone seeking to understand and implement scientific bond accounting practices. It combines theoretical knowledge with practical guidance, making it an invaluable resource for professionals in the field of finance. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781333455477_0
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Amortization
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781333455477
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Amortization
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781333455477