The opportunity cost of spending $17 on a CD is what you would havedone with the $17 instead, and perhaps the value of the time spentshopping.

花17美元买一张CD的机会成本，就是你用这17美元所能做的其他事情，或许还有你购物所花费的时间价值。

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So this chapter’s first task is to defineand explain net present value, rate of return, and opportunity cost of capital.

因此本章的第一个任务就是定义和解释净现值、回报率和资本的机会成本。

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The word “opportunity” in “opportunity cost” is actually redundant. The cost of using something is already the value of the highest-valued alternative use.

“机会”这个词在“机会成本”这个词组中实际上多余的，因为我们说到使用一个东西的成本时，就是指这个东西价值最高的其它用途的价值。

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But for investors to truly value the opportunity cost of holding Treasuries, Winmill expects real interest rates on 2-year Treasuries to hit 300 basis points.

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Finally, we calculate the net-present-value of all those costs to capture the opportunity cost of tying your money up in a down payment .

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The notion behind the yardsticks is simple: a company creates value only if the return on its capital is greater than the opportunity cost of it, or the rate that investors could earn by investing in other securities with the same risk.

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