Noru Razak
Course Learning Outcome 2
Describe the time value of money concept
Week 5
CHAPTER 5
The Time Value of Money
In this chapter, the concept of the time value of money is introduced; that is, a dollar received today is worth more than a dollar received a year from now. If we are to compare projects and financial strategies logically, we must either move all dollar flows back to the present or out to some common future date.
Week 6
CHAPTER 7
The Valuation and Characteristics of Bonds
This chapter introduces the concepts that underlie asset valuation. We are specifically concerned with bonds. We also look at the concept of the bondholder’s expected rate of return on an investment.
Week 7
CHAPTER 8
The Valuation and Characteristics of Stock
This chapter introduces the concepts that underlie asset valuation. We are specifically concerned with bonds. We also look at the concept of the bondholder’s expected rate of return on an investment.