So this chapter’s first task is to defineand explain net present value, rate of return, and opportunity cost of capital.

因此本章的第一个任务就是定义和解释净现值、回报率和资本的机会成本。

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Often used in capital budgeting, IRR is the interest rate that makes net present value of all cash flow equal zero.

IRR经常用于资本预算，它是使得所有现金流动的净现值为零的利率。

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Economic Value Added (EVA) is economic profit that is Net Operating profit After Tax deducted Weighted Average capital cost (include equity and debt capital cost).

经济增加值EVA指企业税后净经营收益扣除包括股权和债务的加权资本成本后的经济利润。

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But there would probably be only a limited impact on capital because accounting rules give banks wide latitude in calculating the net present value of the bonds, enabling them to reduce the hit they would take to capital.

ECONOMIST: Greek banks

If you choose a closed-end fund trading at a discount to its net asset value, you might also get some capital appreciation, says Maury Fertig, chief investment officer at Relative Value Partners LLC, Northbrook, Ill.

WSJ: Face Your (Investment) Fears

In the hopper are suggestions around floating net asset value, like other mutual funds, or adding in capital buffers and redemption controls.

FORBES: Framing the Money Market Mutual Fund Debate