Present value

Lecture Essentials of corporate finance  Chapter 8: Net present value and other investment criteria
After studying this chapter you will be able to: Understand the payback rule and its shortcomings, understand accounting rates of return and their problems, understand the internal rate of return and its strengths and weaknesses, understand the net present value rule and why it is the best decision criteria.
39p tangtuy04 16032016 7 3 Download

The main contents of this lecture include all of the following: Application of present value concept, compound annual rate, interest rates vs. discount rate, internal rate of return, bond pricing.
21p tangtuy20 28072016 3 2 Download

Appendix B: The time value of money  Future amounts and present values. In this chapter, the learning objectives are: Explain what is meant by the phrase time value of money, describe the relationships between present values and future amounts, explain three basic ways in which decision makers apply the time value of money,...
20p luimotbuoc_4 11112016 0 0 Download

After studying this chapter you will be able to: Describe what interest rates are and differentiate nominal from real interest rates, describe the use of present value calculations in determining the value of a payment stream, apply the tool of present value when thinking about economic decisions where the costs and benefits of the decisions happen at different times.
13p luimotbuoc_4 11112016 0 0 Download

Bài giảng Chapter 2: Time Value of Money provides about future value, present value, rates of return amortization.
83p philongdongnai 11102014 12 5 Download

Lecture Money and banking  Lecture 08 presents the time value of money. This chapter presents the following content: Time value of money, future value concepts, present value, application in financial environment.
23p tangtuy20 28072016 4 2 Download

A thorough understanding of the material in this chapter is critical to understanding material in subsequent chapters. After studying this chapter you will be able to understand: How to determine the future value of an investment made today, how to determine the present value of cash to be received at a future date, how to fi nd the return on an investment, how long it takes for an investment to reach a desired value.
27p tangtuy02 08032016 14 3 Download

In chapter 1 we identifi ed the three key areas of concern to the financial manager. The first of these involved the question: What fixed assets should we buy? We called this the capital budgeting decision. In this chapter, we begin to deal with the issues that arise in answering this question.
29p tangtuy02 08032016 12 3 Download

Chapter 4 introduction to valuation: The time value of money. After completing this unit, you should be able to compute the future value of an investment made today, be able to compute the present value of cash to be received at some future date, be able to compute the return on an investment.
35p tangtuy04 16032016 4 3 Download

In this chapter, we assume that the appropriate measure of future equity cash flows is dividends. We will use dividend discount models (DDMs) and the discount rates discussed in Chapter 2 to determine the common stock value. The topics discussed in this chapter are: An overview of present value models, the general form of the DDM, the Gordon growth model, multistage dividend discount models, and the determinants of dividend growth rates.
46p allbymyself_10 02032016 2 2 Download

Chapter 2 – Discounted cash flow applications. This chapter calculate and interpret the net present value (NPV) and the internal rate of return (IRR) of an investment, contrast the NPV rule to the IRR rule, calculate the moneyweighted and timeweighted rates of return of a portfolio,...
27p allbymyself_10 03032016 12 2 Download

Chapter 4  Future value, present value, and interest rates. After studying this chapter you will be able to understand: The value of a payment depends on when it is made, present value can be used to value any stream of future payments, the real interest rate is the nominal interest rate minus expected inflation. It expresses the interest rate in terms of purchasing power rather than current dollars.
47p tangtuy10 04052016 4 2 Download

Chapter 13A  The concept of present value. A dollar received today is more valuable than a dollar received a year from now for the simple reason that if you have a dollar today, you can put it in the bank and have more than a dollar a year from now. Because dollars today are worth more than dollars in the future, cash flows that are received at different times must be weighted differently. After studying this chapter you will be able to understand present value concepts and the use of present value tables.
15p tangtuy17 05072016 3 2 Download

Lecture Money and banking  Lecture 10: Bond pricing and risk presents the following content: Application of present value concept (bond bricing), real vs nominal interest rates, risk, characteristics, measurement.
32p tangtuy20 28072016 2 2 Download

In this chapter you will learn the relationship between present value and future value, consider the eff ects of compound growth, learn how riskaverse people reduce the risk they face, analyze how asset prices are determined.
25p youcanletgo_04 17012016 8 1 Download

In this chapter, students will be able to understand: Calculating future values from annual amounts, calculating present values from annual amounts, calculating future and present values from gradient amounts, calculating present value of a future perpetual amounts, calculating deferred annuities.
19p youcanletgo_05 22012016 3 1 Download

Chapter 10  Capital budgeting. After studying this chapter, you should be able to: Discuss the capital budgeting evaluation process and explain what inputs are used in capital budgeting, describe the cash payback technique, explain the net present value method, identify the challenges presented by intangible benefits in capital budgeting,
54p estupendo4 24082016 1 1 Download

Time value of money concepts, specifically future value and present value, are essential in a variety of accounting situations. These concepts and the related computational procedures are the subjects of this chapter. Present values and future values of single amounts and present values and future values of annuities (series of equal periodic payments) are described separately but shown to be interrelated.
19p luimotbuoc_4 11112016 0 0 Download

Department of Agricultural and Consumer Economics and Department of Finance. University of Illinois, UrbanaChampaign .
18p beaver123 21072013 31 9 Download

This chapter deals with the most basic concepts in finance: future value, present value, and internal rate of return. These concepts tell you how much your money will grow if deposited in a bank (future value), how much promised future payments are worth today (present value), and what percentage rate of return you’re getting on your investments (internal rate of return).
0p orchid_1 28092012 17 8 Download