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Theory and Application of the Interest Rate, Hardcover by Schwartz, Eli, Like...
- Item No : 388735667272
- Condition : Like New
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- Current Bid : US $92.42
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* Item Description
- Theory and Application of the Interest Rate, Hardcover by Schwartz, Eli, ISBN 0275936309, ISBN-13 9780275936303, Like New Used, Free shipping in the US
This work provides an integration of the financial and economic aspects of the interest rate. It depicts how the interest rate operates in the macro-economy to set the supply and the allocation of capital and how it functions on the micro-economic level to optimize capital decision-making. It describes the function of the financial markets in setting the supply and cost-of-funds to various users, and specifically examines the nominal and real interest rate, the problem of estimating a reasonable cost of capital for operational purposes of both business firms and public sector authorities, and the application of discounting and present-value methods to financial and investment decisions and strategies.
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