4 ms·
> The "I intend to hold it" is the relevant part of the valuation, though. It’s really not, at least not mathematically. That intentions play a role is purely
by codeflo 4y ago
> The "I intend to hold it" is the relevant part of the valuation, though.
It’s really not, at least not mathematically. That intentions play a role is purely an artifact of regulations.
- echion 4y ago> > relevant > not mathematically Agreed. I don't think the GP was asking a mathematical question, so "relevant" meant "to explain why MTM accounting is not the only way".