present value rate的意思|示意

The reasoning is usually based on a discounted-cashflow model; a lower bond yield means a lower discount rate and thus a higher present value for shares.

通常的理由是基于一个折现现金流量模型；较低的债券收益率意味着降低贴现率，从而提高股票的现值。

So this chapter’s first task is to defineand explain net present value, rate of return, and opportunity cost of capital.

因此本章的第一个任务就是定义和解释净现值、回报率和资本的机会成本。

Often used in capital budgeting, IRR is the interest rate that makes net present value of all cash flow equal zero.

IRR经常用于资本预算，它是使得所有现金流动的净现值为零的利率。