Bøger af Lars Jäger

In dynamic investment calculations it is necessary to discount cash flows that lie in the future. In many cases default risks have to be taken into account. These should also be included in the valuation. The author's personal experience in the subject led to the tables of Risk Adjusted Single Payment Present Worth (RASPPW) Factors. It is one of the simplest ways of risk-adjusted present value calculation. For negative and positive interest rates, different probabilities of default, and periods up to 40 years this handbook contains the Risk Adjusted Single Payment Present Worth (RASPPW) Factors. The cash flow is simply multiplied by the appropriate PV factor (depending on probability of default, interest rate and time). A very good aid in study and practice, for the calculation and control of risk-adjusted present values.

Bei der dynamischen Investitionsrechnung ist die Notwendigkeit gegeben, Cashflows, die in der Zukunft liegen, abzuzinsen. Da in vielen Fällen Ausfallrisiken zu beachten sind, sollten diese auch bei der Bewertung einfließen. Die persönlichen Erfahrungen des Autors in der Thematik führten letztendlich zu den Tabellen der risikoadjustierten Barwertfaktoren. Es ist einer der einfachsten Wege der risikoadjustierten Barwertberechnung. Die Cashflows werden lediglich mit dem entsprechenden Barwertfaktor (abhängig von Ausfallwahrscheinlichkeit, Zins und Zeit) multipliziert und schon hat man den Barwert berechnet. Eine sehr gute Hilfe in Studium und Praxis, für die Berechnung und Kontrolle der risikoadjustierten Barwerte.

The Handbook of Capital Recovery (CR) Factors provides an easy method to calculate an annuity (payment in arrears). For negative and positive interest rates and periods up to 40 years this handbook contains the capital recovery factors. You have just to multiply the cash flow (present value) with the relevant factor to find the annuity.

The Handbook of Uniform Series Sinking Fund (USSF) Factors provides an easy method to calculate the annuity of a future value. For negative and positive interest rates and periods up to 40 years this handbook contains the discounting factors. You have just to multiply the future cash flow with the relevant factor to find the annuity (payment in arrears).

The Handbook of Uniform Series Compound Amount (USCA) Factors provides an easy method to calculate the future value of an annuity. For negative and positive interest rates and periods up to 40 years this handbook contains the compounding factors. You have just to multiply the annual cash flow (payment in arrears) with the relevant factor to find the future value.

"The Handbook of Single Payment Present Worth (SPPW) Factors" provides an easy method to calculate the present value of single payments. For negative and positive interest rates and a period up to 40 years this handbook contains the discounting factors. You have just to multiply your cash flow with the relevant factor to find the present value.