Title: The Valuation of Future Cash Flows: An Actuarial Issues Paper
Abstract: The value of a set of future cash flows (valuation) can serve many purposes, including the allocation of scarce resources, determination of the price at which a product will be offered (often supplemented with relevant information concerning the market or vice versa), and the estimation of the value of assets, obligations, or companies. The objective of such a valuation is to determine, to the extent possible, the economic value of one or more sets of cash flows or the relative economic differences between the value of alternate sets of estimated cash flows. Such valuations are particularly important in actuarial practice.
Publication Year: 2000
Publication Date: 2000-01-01
Language: en
Type: book-chapter
Indexed In: ['crossref']
Access and Citation
Cited By Count: 6
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