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the present value of all statutory profits is 0 (17 per cent in our example). Such a rate, the "yield ... yields on funds invested in other enterprises. The 17 per cent yield rate undoubtedly has more meaning ...- Authors: H J Boothroyd, Gary Corbett, Ralph H Goebel, Melvin L Gold, Gilbert W Hart, Abraham Hazelcorn, William C Hsiao, Ronald A Karp, Howard H Kayton, Paul H Knies, Frederick J Knox, Crawford E Laing, Donald J Leapman, Richard H Morse, John S Moyse, Alan Richards, Edward Robbins, Stuart A Robertson, G Philip Streatfeild, Frederick S Townsend, Charles Connolly, William J November, Herbert L Feay, William K. Nicol, Alfred L Buckman, Richard M Sellers, Allen L. Mayerson, Harwood Rosser, George D. Chester, Bernard Fenster
- Date: Apr 1968
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Publication Name: Transactions of the SOA
- Topics: Financial Reporting & Accounting