41. "Time value of money does have an impact, but it's not as great as you might think," 42. The time value is the value of having the option of waiting longer before deciding to exercise. 43. Option products have immediate value at the outset because they provide specified protection ( time value ). 44. Chapters include discussions on cash flow vs . earnings, expectation values and the time value of money. 45. The time value of an option is the total value of the option, less the intrinsic value. 46. The longer the length of time until the expiry of the contract, the greater the time value . 47. The $ 20 gain ( ignoring time value of money ) is in lieu of the regular coupon. 48. "What it all boils down to is the time value of money, " said Stephen Martin, Gwent's president. 49. An administrator can change the access period to any time value and or revoke access at any time. 50. The deferral of taxes to a later period is favorable according to the time value of money principle.
