薛兆丰经济学讲义 · highlighted by fengyukongzhou

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薛兆丰

我们前面讲过，一份资产的现值，等于它未来收入流的折现和。而未来收入是没有实现的收入，因而只能是“预期中”的收入。所以，资产现值的定义，就应该进一步扩充为：资产的现值就等于预期的未来收入流的折现和。

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