Their goal is no less than to raise Korean stock prices across the board by reducing the "Korea discount"–the amount by which investors undervalue Korean stocks.
The present value of an investment discounts the amount of future payments, in this case the coupon and face value, to what their present value is today.
Greg Aiello, a spokesman for the N.F.L., discounted the amount of damages the league was told to pay.
While much of the volume growth was down to discounting, the amount spent was also up on the year, by 1.4%.
Citigroup, for example, takes the unusual step of discounting the amount derived through a standard option-pricing model by one-quarter, in order to reflect the cost of protecting the options' value.
Even with the online discounts, the amount raised by small individual donations pales in comparison to the large donors for almost every candidate.
Over 20 years, discounted at 3%, this amounts to almost $1.3 million.
Take the number of discounts multiplied by the discount amount.
Given that seed funding amounts are typically very small compared to the amounts one might expect to raise in a Series A round, as the example illustrates, the aggregate discount amount, in this case $37K, is a tiny fraction of what is likely to be a multimillion dollar Series A financing.
The Hills, alas, have also decided to take their money in a lump sum, which, after taxes and a lump-sum discount, will amount to $132 million.
I discount any amount of gold production as a trivial variable.
