Time Value of Money, by Linos Zambas


Defining the principle of the time value of money:

What if a close friend asks today to borrow 1,000EUR with the precondition to repay the exact same amount in five years? Would you take the deal or not?

Let’s imagine a CEO or one of the beneficial owners of a profit making, credit institution with thousands of clients wishing to borrow different amounts of the institution’s money at identical terms as the first scenario, borrowing today and repaying the same amount in five years.

27 September 2019

Publications


JUNE DIRECT TAX Newsletter - Issue 09/2020
We would like to bring to your attention that the deadline for the first temporary tax installment for the tax...
29 June 2020
JUNE ICAS Newsletter - Issue 75/2020
The present Circular is issued pursuant to section 25(1)(c)(ii) & (iii) of the Cyprus Securities and Exchange Commission Law ("the...
29 June 2020
JUNE INDIRECT TAX Newsletter - Issue 03/2020
We would like to inform you that on the 23 June 2020 it was published in the Official Gazette of...
25 June 2020
JUNE DIRECT TAX Newsletter - Issue 08/2020
An amendment to article 9B of the Income Tax Law (ITL) was published on 16 June 2020 in the Official...
24 June 2020
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