matches the underlying value of its assets.
"Nortel Networks' stellar performance has overshadowed the underlying value of BCE's other assets".
But if the currency is plunging, the underlying value of pension pots will decline.
Just as styles and tastes change, so do the underlying value of stones and metals.
But if the bond market is wrong and inflation stays low, real rates would still climb, threatening the underlying value of TIPS.
In a letter mailed to shareholders, the company said Mr. Zucker's offer "does not reflect the underlying value of Hudson's Bay business".
Closed-end funds have a fixed number of shares and often sell at either a discount or premium to the underlying value of their assets.
In some cases, the amount of outstanding insurance via CDSs is far greater than the underlying value of the bonds.
He said this was done in an "enormously tax-inefficient way" that cut the underlying value of the deal from $3.7bn£2.3bnbn) to $2.5bn.
That assumes, of course, that financing for the project — a web of loans and deals based largely on the underlying value of the land — holds up.
But thanks to pioneers like Burniske, financial analysts are starting to get their hands on real tools for determining the underlying value of blockchain networks.
