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An improperly recorded mortgage document is effective against a subsequent purchaser.
Net Present Value (NPV)
The variance between the current value of incoming cash and the current value of outgoing cash throughout a specific duration.
Internal Rate of Return (IRR)
The discount rate that makes the net present value (NPV) of all cash flows from a particular project zero.
Net Present Value (NPV)
A calculation that compares the value of all cash inflows and outflows of a project or investment using a discount rate, to determine the project’s profitability.
Internal Rate of Return (IRR)
A method of calculating an investment's rate of return that makes the net present value of all cash flows equal to zero.
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