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企业在使用远期票据时,如何计算票据到期价值和贴现?作如下探讨。一、票据到期价值的计算远期票据可以是计息的,即按照票据上注明的年利息率计算利息,也可以是不计息的。除了利息影响票据到期价值以外,另一影响因素是物价的变动。为使持票人或债权人不受损失,必须考虑票据的保值问题。(1)不计息票据的到期价值,只受物价上涨因素的影响,票据到期价值为票面金额与保值金额之和。保值金额是因物价上涨所引起的票面值的增加额,以弥补货币实际购买力下降给债权人或持票人造成的损失。到期价值=票面值+保值金额=票面值×(1
How do companies calculate the maturity value and discounting of notes when using forward notes? I. Calculation of the maturity value of bills The long-term bills may be interest-bearing, that is, interest may be calculated according to the annual interest rate stated on the bills, or it may be non-interest-bearing. In addition to the impact of interest on the maturity value of the notes, another factor is the price changes. In order to protect the holder or the creditor from losses, the value of the notes must be considered. (1) The maturity value of a non-interest bearing bill is only affected by the price increase factor. The maturity value of a bill is the sum of the nominal amount and the hedged amount. The value of the hedged amount is the increase in the nominal value caused by the increase in the price of goods, so as to make up for the loss of the actual purchasing power of the currency to the creditor or holder. Maturity value = par value + hedge value = face value × (1