TIME and the YEAR-END Payments
TIME Review – Another of the basic components of this game is how TIME is measured for the various time related investments available for the players to exploit. Put another way, what governs the time value of money. The mechanics of time are that there are 40 spaces on the playing board and 8 of those spaces are TIME spaces. That means that on any given turn, the odds are 1 in 5 that a Time space will be landed on and will result in a TIME CARD to be drawn from the top of the deck. The deck is stacked at the beginning of a game with a separator card, which is a YEAR END card, and then 4 time cards and then a separator card until all separators are used up (9 of them) so that there are 4 time cards on top of the deck.
The 4 TIME CARDS represent the quarterly scramble that takes place in the markets when reporting earnings, which can affect share values. On average, there is one TIME CARD drawn every 5 turns, regardless of the number of players, and on average 20 turns will be a YEAR for the purposes of the Time value of money. At the YEAR END, interest is paid to bondholders and preferred shareholders, dividends are paid to directors and options expire worthless. As well, short sales are given a margin call at the year end. And then a new year begins again.
Tags: Big Board Raiders, bigboardraiders, cool math games, corporate takeovers, interactive math games, stock exchange game, stock market games, stock market simulation, stock trading game, the stock market games, virtual stock market
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