FM11 Ch 02 Time Value of Money

... 2-2 Time lines show timing of cash flows CF1 CF2 CF3 i% CF0 Tick marks at ends of periods, so Time is today; Time is the end of Period 1; or the beginning of Period 2-3 Time line for ... due at the end of Year i% Year 100 2-4 Time line for an ordinary annuity of $100 for years i% 100 100 100 2-5 Time line for uneven CFs: -$50 at t = and $100, $75, and $50 at the end...

Ngày tải lên: 06/04/2015, 19:41

... division of Pearson Australia Group Pty Ltd) – 978 144 2518193/ Gitman et al / Principles of Managerial Finance / 6th edition Future Value Of A Single Amount  Future Value: the value of a present ... division of Pearson Australia Group Pty Ltd) – 978 144 2518193/ Gitman et al / Principles of Managerial Finance / 6th edition Present Value Of A Single Amount  Present Val...

Ngày tải lên: 16/12/2013, 14:57

... decisions – Farm Analysis Solution Tools Time Value of Money and Investment Analysis Part I: BASIC CONCEPTS AND TERMS Time value of money problems arise in many different forms and situations Thus, ... understand reasons to use time value of money approaches in problems involving cash flows through time, (ii) understand the categories of problems that re...

Ngày tải lên: 11/03/2014, 05:22

... Lãi Giá trị 100 10 110 Tương lai 11 12. 1 121 133.1 www.themegallery.com LOGO Giá trị tương lai khoản tiền Công thức FV = PV × (1 + k)     n FV: Giá trị tương lai (Future Value) PV: Giá trị (Prensent ... www.themegallery.com LOGO Giá trị tương lai khoản tiền Ví dụ 1 .2: Nếu thay mức lãi suất 15% số tiền bao nhiêu? FV = 20 triệu* (1+15%)10 = 20 triệu* 12. 375 = 24 7.5 triệu w...

Ngày tải lên: 07/05/2014, 16:44

... Future Value of an Annuity Due To find the future value of an annuity due, multiply the amount of a single payment or receipt by the future value of an ordinary annuity factor 6-35 Future Value of ... Present value of an ordinary annuity or Present value of an annuity due The amount of the annuity payment The number of periods 6-49 The interest ra...

Ngày tải lên: 29/06/2014, 03:20

... $100/0.14 = $714.29 When the interest rate is doubled, the PV of the perpetuity is halved 6-20 a Begin with a time line: Answers and Solutions: - 3 10 16 17 18 19 20 6- mos 6% | | | | | | 100 100 ... four steps Calculate the FV in 10 yrs (20 periods) of the $100 PMT made today: FV20=PV*FVIV6% 20 = 100*3.2071=$320.71 Calculate FVA as of period of the ordinary annuity that begins at t...

Ngày tải lên: 01/07/2014, 21:28

... need to have in the future? – Down payment = 1( 150 ,000) = 15, 000 – Closing costs = 05( 150 ,000 – 15, 000) = 6, 750 – Total needed = 15, 000 + 6, 750 = 21, 750 • Compute the number of periods – PV = - 15, 000; ... rate – the longer the time period, the lower the present value – What is the present value of $50 0 to be received in years? 10 years? The discount...

Ngày tải lên: 07/03/2015, 12:22

... + i)n $2 = $1(1 + 0 .20 )n (1 .2) n = $2/ $1 = nLN(1 .2) = LN (2) n = LN (2) /LN(1 .2) n = 0.693/0.1 82 = 3.8 ? 2- 21 Financial Calculator INPUTS N OUTPUT 3.8 20 I/YR -1 PV PMT FV 2- 22 Spreadsheet Solution ... 2- 2 Time lines show timing of cash flows CF1 CF2 CF3 i% CF0 Tick marks at ends of periods, so Time is today; Time is the end of Period 1; or the beginning of Peri...

Ngày tải lên: 29/05/2015, 11:49

... government of cials will be able to build enough confidence in the riel to suppress the use of the U.S dollar and of gold as the prevailing means of exchange and stores of value Cambodia’s Economic ... case the unfairness of the terms and the cycle of debt they produced created animosity Farmers kept only small sums of money to purchase essentials...

Ngày tải lên: 16/02/2014, 11:20

... if the cash flows of one are unaffected by the acceptance of the other mutually exclusive, if the cash flows of one can be adversely impacted by the acceptance of the other 10 - What is the ... equal the PV of costs TV is found by compounding inflows at WACC Thus, MIRR assumes cash inflows are reinvested at WACC 10 - 29 MIRR for Franchise L (r = 10% )...

Ngày tải lên: 06/04/2015, 19:41

... project using the techniques in Chapter 11  Use judgment to scale up or down the cost of capital for an individual project relative to the divisional cost of capital 9 - 47 Why is the cost of internal ... cost of capital Most firms incorporate tax effects in the cost of capital Therefore, focus on after-tax costs Only cost of debt is affected 9-5...

Ngày tải lên: 06/04/2015, 19:41

... Guillois B: Detection of respiratory syncytial virus, parainfluenzavirus 3, adenovirus and rhinovirus sequences in respiratory tract of infants by polymerase chain reaction and hybridization Clin Diagn ... for their ability to detect respiratory viruses in young children with LRTI admitted to the PICU Secondary objectives were to describe the presen...

Ngày tải lên: 12/08/2014, 23:23

... Revisiting the value of pre-hospital tracheal intubation: an all time systematic literature review extracting the Utstein airway core variables Critical Care 2011 15:R26 Submit your next manuscript ... definition of pre-hospital TI poses a significant challenge for systematic reviewers and readers of these reviews With respect to the Cochrane revie...

Ngày tải lên: 14/08/2014, 07:21

... is reported on balance sheets 15 - Total Corporate Value  Total corporate value is sum of: Value of operations Value of nonoperating assets 15 - Claims on Corporate Value  Debtholders have ... share = $376.94 /10 = $37.69 15 - 25 Value-Based Management (VBM)  VBM is the systematic application of the corporate valuation model to all corporate decisions and strategic in...

Ngày tải lên: 06/04/2015, 19:41

... 197.9% 139 .4% 13 - 40 Analysis of Percent Change Balance Sheets  We see that total assets grew at a rate of 139 %, while sales grew at a rate of only 105% So asset utilization remains a problem 13 ... 0.0%-208.2%188.3% 13 - 37 Analysis of Percent Change Income Statement  We see that 2005 sales grew 105% from 2003, and that NI grew 188% from 2003  So Computron has becom...

Ngày tải lên: 06/04/2015, 19:41