--- In AsburyPark@yahoogroups.com, "justifiedright" <[EMAIL PROTECTED]> wrote: > > The investor would want a discount for present value. > > They aren't going to give you 50 cents now for 50 cents they are > going to get from a meter 10 years from now, so you can invest it > and double the money. > > They may as well invest it and double their money. >
Stick to the law. A yield or cap rate converts future dollars to present value. ------------------------------------ Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/AsburyPark/join (Yahoo! ID required) <*> To change settings via email: mailto:[EMAIL PROTECTED] mailto:[EMAIL PROTECTED] <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/