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T5.1 Chapter Outline Chapter 5 Introduction to Valuation: The Time Value of Money Chapter Organization 5.1Future Value and Compounding 5.2Present Value.
Chapter 14 Risk, Return, and the Time Value of Money.
Time Value of Money Money Value of Time???. Interest Rates Why interest rates are positive? Why interest rates are positive? –People have positive time.
Time Value of Money. Objectives Calculate the future value of a dollar amount that you save today Calculate the present value of a dollar amount that.
Ownership, control and finance. What does this mean? Who owns the TV channels and the Newspapers? Who controls what information the give out? Where does.
1 Chapter 4: Time Value of Money Copyright, 2000 Prentice Hall ©Author Nick Bagley, bdellaSoft, Inc. Objective Explain the concept of compounding and discounting.
1 Time Value of Money (TVM) - the Intuition A cash flow today is worth more than a cash flow in the future since: uIndividuals prefer present consumption.
1-1-08, Kimberly-Clark Corp. signs 10-year, non-cancelable lease agreement to lease a storage building from Sheffield Storage Co. KC is LESSEE. Equal.
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1 Chapter 4: Time Value of Money Copyright, 1999 Prentice Hall Author: Nick Bagley Objective Explain the concept of compounding and discounting and to.
1 Finance School of Management Objective Explain the concept of compounding and discounting and to provide examples of real life applications Chapter 4: