Net present Value Function under Conventional and Non-Conventional Cash Flow

Funkce čisté současné hodnoty při konvenčních a nekonvenčních peněžních tocích

Petr Marek and Jarmila Radová

Český finanční a účetní časopis, 2006, vol. 2006, issue 4, 23-33

Abstract: The aim of the article is a mathematical derivation of rules for construction of net present value function given the assumption of conventional and non-conventional cash flows. For non-conventional cash flows the following combinations of positive (+) and negative (-) cash flows have been considered for NPV function construction: (+, -, +), (-, +, -), (+, -, +, -), (+, -, +, -, +). The article also attempts to indicate the most frequent mistakes in calculation and interpretation of the function.

Keywords: Net Present Value; Internal Rate of Return; Conventional Cash Flow; NonConventional Cash Flow; Čistá současná hodnoty; Vnitřní výnosové procento; Konvenční peněžní tok; Nekonvenční peněžní tok (search for similar items in EconPapers)
JEL-codes: G40 (search for similar items in EconPapers)
Date: 2006
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DOI: 10.18267/j.cfuc.192

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