Printer Friendly

Real Interest Rates and Investment and Borrowing Strategy.

The author, an economist in charge of forecasting for a large public utility, discusses many of the problems encountered in measuring real interest rates that must be dealt with when aninvestment and borrowing strategy must be developed. He examines the impact of inflation on short-term interest rates, stock prices and bond yields. The desirability of alternative investment instruments under different inflation assumptions is covered. Considering the complex subject, the book is surprisingly well written. Corporate financial officers, in particular, will want to read it.
COPYRIGHT 1990 American Institute of CPA's
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1990, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Author:Fogg, Stephen L.
Publication:Journal of Accountancy
Article Type:Book Review
Date:Jul 1, 1990
Words:84
Previous Article:Reinventing the Factory: Productivity Breakthroughs in Manufacturing Today.
Next Article:Maximum Performance: the Dow Jones-Irwin Complete Guide to Practical Business Management, 2 vols.
Topics:


Related Articles
Latin America on $10 billion a day.
Statement to the Deficit Commission.
Wall St. and real estate: an odd marriage.
Public Sector Deficits and Macroeconomic Performance.
EDITORIAL ENDGAME POLITICS WILL THE GOVERNOR COME CLEAN ON MUCH HIS ENERGY PLAN COSTS?
Contradicting Clarida. (Letters To The Editor).
Investors can't go it alone.
Client impact--Federal Reserve increases borrowing.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters