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The standard answer is easy: the income must be discounted (using the rate of return on a safe alternative investment) so that it can be measured against the costs.
Table 2 displays the adjustment of the amount of debt according to the refinancing sequence and highlights the number of years in which a tax shield needs to be discounted using the cost of debt (r^{ k)}_D) and unlevered cost of capital (r_mathrm{u}), respectively.
Table 4 displays the adjustment of the amount of debt according to the refinancing sequence and highlights the number of years in which the tax shield needs to be discounted using the cost of debt (r^{ k)}_D) and the unlevered cost of capital (r_mathrm{u}).
The yield curve forms the basis for the valuation of all fixed income instruments, because the price of a fixed income security can be calculated as the net present value of the stream of cash flows, and each cash flow has to be discounted using the zero coupon interest rate for the associated term to maturity.
A combination with (b) is possible and cannot be discounted using the available data, as the trajectories of heteroplasmy variance under (b) and under binomial inheritance are the same.
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The Congressional Budget Office reckons that if ExIm's future revenue were discounted using the interest rate paid by the Treasury (the bank's main source of funding), it would make a profit of $14 billion over the next decade.
These payouts over their lifetimes are discounted using the (intermediate cost) real interest rate reported by the OASDI Trustees Report of 2.9percenttotobtainin Social Security wealth measures in 2006 and in 2010 (http://www.ssa.gov/oact/tr/TR06/trTOC.html).ssa.gov/oact/tr/TR06/trTOC.html
If future liabilities are discounted using the expected return on pension fund assets, the cumulative shortfall is roughly $1 trillion, according to the Pew Charitable Trust.
All costs and outcomes occurred beyond one year were discounted using the same rate of 3.5%.
Annual maintenance, implementation and external costs were used from Table 1 of the paper, and were discounted using the costs discount rate for the scenario and added to the scaled-up beginning start-up costs.
Total cost will be discounted using a 6% annual discount rate [ 17].
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com