Net advantage of refunding

The net present value of the savings from a refunding.

Net Advantage of Refunding

The net present value of a refund. The net present value is the value in current dollars of some future cash flow and a refund is the practice of redeeming a bond before maturity by issuing another bond with a lower cost (such as a lower interest rate). If the net present value of a refund is above a certain amount, then it may be worth the cost of issuing a new bond.

单词	net advantage of refunding
释义	Net advantage of refunding Net advantage of refunding The net present value of the savings from a refunding. Net Advantage of Refunding The net present value of a refund. The net present value is the value in current dollars of some future cash flow and a refund is the practice of redeeming a bond before maturity by issuing another bond with a lower cost (such as a lower interest rate). If the net present value of a refund is above a certain amount, then it may be worth the cost of issuing a new bond.
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