@aRDyBoomer My Dad loved the story of him taking my Mom there when they were dating. My Dad handed my Mom a bottle of beer, and she asked for a glass. The bartender said, " Sure," and got a glass down from the shelf. Before giving it to my Mom, he blew the dust off the glass.
@AugieNash You didn't believe your mom when she said you would go blind if you didn't stop, huh?
Best of luck @AugieNash. I hope you have a speedy recovery.
@AugieNash I knew a kid in high school who would watch WATC on Saturday night. He would bet his little brother on the matches during the Sunday morning rebroadcast.
@OnlyCardsFans Perhaps, but according to my research, use of the word pithy has declined since peaking around the Civil War. I am just doing my part to preserve the English language.
@OnlyCardsFans Ok, we can stop. But if you want to compare resumes, I spent 10 years in foreign exchange and 25 years in equity research at some of the largest financial companies on Wall Street. Trust me, I understand the changing value of the dollar and finance 101.
Teams cannot circumvent the luxury tax by deferring salary. If the imputed interest rate is within 1.5% of an agreed-upon benchmark, the NPV is calculated at face. Outside of this parameter, the NPV is adjusted up or down.
The calculation is based on the team's current salary expense. Therefore, it seems logical to use the NPV of future payments.