TAILIEUCHUNG - Lecture note Essentials of corporate finance – Chater 4: Introduction to valuation: the time value of money

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. | 4- McGraw-Hill/Irwin Copyright © 2011 by the McGraw-Hill Companies, Inc. All rights reserved. 4- Key Concepts and Skills Be able to compute: The future value of an investment made today The present value of cash to be received at some future date The return on an investment The number of periods that equates a present value and a future value given an interest rate Be able to solve time value of money problems using: Formulas A financial calculator A spreadsheet 4. 4- Chapter Outline Future Value and Compounding Present Value and Discounting More on Present and Future Values Solving for: Implied interest rate Number of periods 4. 4- Basic Definitions Present Value (PV) The current value of future cash flows discounted at the appropriate discount rate Value at t=0 on a time line Future Value (FV) The amount an investment is worth after one or more periods. “Later” money on a time line 4. 4- Basic Definitions Interest rate (r) Discount rate .

• Tài chính doanh nghiệp
• Corporate finance
• Essentials of corporate finance
• Financial management
• Business finance
• Business organisation
• The time value of money
• Intermediate corporate finance
• Lecture Intermediate corporate finance
• Tài chính doanh nghiệp
• Corporate valuation
• Value based management
• Fundamentals of corporate finance
• Business organization
• International corporate finance
• Capital market history
• Raising capital
• Financial leverage
• Financial reporting
• Social welfare
• Forward contracts
• The stock markets
• Basic return concepts
• Portfolio theory
• Bond valuation
• Basic stock valuation
• Accounting for financial management
• Analysis of financial statements
• Financial planning
• Forecasting financial statements
• Capital budgeting
• Decision criteria
• Estimating cash flows
• Real options
• Capital structure decisions
• The levered firm
• Cash management
• Financial distress
• Hedging risk
• Warrants and convertibles
• Principles of corporate finance
• Understanding options
• Valuing options
• Financial analysis
• Financial manager
• Financial institutions