Slide 1Net Present Value Slide 2 Last Time We spent the time developing our basic approach to DCF analysis. We discussed: –The importance of a financial market to the economy…
Slide 1 MGT 326 Ch 6: Bonds (bdh) 1 Bonds Definition: A bond is a type of annuity A bond is a long or short term debt instrument (a loan) issued by corporations…
Slide 1 Chapter 5 Valuation Concepts Slide 2 2 Basic Valuation From “The Time Value of Money” we realize that the value of anything is based on the present value of the…
Chapter 1 â Simple Interest and Discount Simple Interest (section 1.1) In any financial transaction, there are two parties: The lender and the borrower Consider the following…
Slide 1 How to Value Bonds and Stocks Slide 2 2 What is a Bond? A bond is a legally binding agreement between a borrower and a lender Slide 3 3 Bond Terminology Face value…
LESSON 3 â SUMMARY â TIME VALUE of MONEY Lease Factoring Overdraft Account Effective rate when interest is paid at the beginning of term Different Debt Service: Grace and…