MARKET CONSISTENT EMBEDDED VALUE Cover Image

TRHOVO KONZISTENTNÁ EMBEDDED VALUE
MARKET CONSISTENT EMBEDDED VALUE

Author(s): Alexandra Cisková, Mária Bilíková
Subject(s): Evaluation research, Financial Markets
Published by: Masarykova univerzita nakladatelství
Keywords: Embedded Value; Market Consistent Embedded Value;
Summary/Abstract: The aim of the paper is to explain the basics of the determination of the value of a portfolio with the help of the present value of the expected future profits allowing for the cost of capital and of embedded options and guarantees. This method is referred to as the Market Consistent Embedded Value and it is used mainly to provide better information to shareholders and financial market analysts.