... 1.06136 6.136 12 1.005 12 = 1.06168 6.168 52 1154 1.001154 52 = 1.06180 6.180 365 0164 1.000164365 = 1.06183 6.183 48 18 16 14 12 10 10% Simple Number of Years 30 27 24 21 18 15 12 10% Compound ... the value of each is commonly called the Discount Factor Assume r1 = 20 % and r2 = 7% DF1 = 1.00 (1+ .20 )1 DF2 = 1.00 (1+.07 )2 = 83 = 87 39 Present Values Example Assume that the cash flows from ... the firm’s shareholders 27 Investment vs Consumption income in period 100 An 80 Some investors will prefer A 60 and others B 40 Bn 20 20 40 60 income in period 80 100 28 Investment vs Consumption...
... 1.06136 6.136 12 1.005 12 = 1.06168 6.168 52 1154 1.001154 52 = 1.06180 6.180 365 0164 1.000164365 = 1.06183 6.183 48 18 16 14 12 10 10% Simple Number of Years 30 27 24 21 18 15 12 10% Compound ... the value of each is commonly called the Discount Factor Assume r1 = 20 % and r2 = 7% DF1 = 1.00 (1+ .20 )1 DF2 = 1.00 (1+.07 )2 = 83 = 87 39 Present Values Example Assume that the cash flows from ... the firm’s shareholders 27 Investment vs Consumption income in period 100 An 80 Some investors will prefer A 60 and others B 40 Bn 20 20 40 60 income in period 80 100 28 Investment vs Consumption...
... tư TC ngắn hạn Quyết định đầu tư TS dài hạn - Mua sắm TSCĐ - Thay TSCĐ cũ - Đầu tư BĐS - Đầu tư TC dài hạn Quyết định cấu TS ngắn hạn & TS dài hạn QUYẾT ĐỊNH NGUỒN VỐN Xác định xác nhu cầu vốn ... hạn Vay ngắn hạn Tín dụng thương mại - Quyết định huy động nguồn vốn dài hạn Vay dài hạn Phát hành cổ phiếu - Quyết định cấu nợ vốn chủ sở hữu QUYẾT ĐỊNH PHÂN PHỐI LỢI NHUẬN Phân phối hợp lý lợi ... TC giúp DN tính toán hiệu kinh tế định đầu tư xét mối tương quan với rủi ro Từ đó, lựa chọn dự án tốt tối đa hoá giá trị TS cho CSH QUYẾT ĐỊNH ĐẦU TƯ Quyết định đầu tư TS ngắn hạn - Tồn quỹ tiền...
... 1.06136 6.136 12 1.005 12 = 1.06168 6.168 52 1154 1.001154 52 = 1.06180 6.180 365 0164 1.000164365 = 1.06183 6.183 48 18 16 14 12 10 10% Simple Number of Years 30 27 24 21 18 15 12 10% Compound ... the value of each is commonly called the Discount Factor Assume r1 = 20 % and r2 = 7% DF1 = 1.00 (1+ .20 )1 DF2 = 1.00 (1+.07 )2 = 83 = 87 39 Present Values Example Assume that the cash flows from ... the firm’s shareholders 27 Investment vs Consumption income in period 100 An 80 Some investors will prefer A 60 and others B 40 Bn 20 20 40 60 income in period 80 100 28 Investment vs Consumption...
... is a quick and Chapter 20 (Understanding Options) and Chapter 21 easy quiz, a number of practice questions, and a few (Valuing Options), there is a brand-new Chapter 22 challenge questions Many ... 00 724 68 025 examples, exercises and solutions, and a complete chapter summary The Test Bank was also updated by C R Krish- Videos naswamy, who included well over 1,000 new multiple- ISBN 00 724 67967 ... Companies, 20 03 Finance and the Financial Manager CHAPTER Finance and the Financial Manager Differences in information Different objectives Stock prices and returns (13) Managers vs stockholders (2, 12, ...