宏观金融学精品教学：MishkinCh04.pptVIP

* * * * * * * * * * * * * * Copyright ? 2007 Pearson Addison-Wesley. All rights reserved. Chapter 4 Understanding Interest Rates Copyright ? 2007 Pearson Addison-Wesley. All rights reserved. 4-* Present Value A dollar paid to you one year from now is less valuable than a dollar paid to you today Copyright ? 2007 Pearson Addison-Wesley. All rights reserved. 4-* Discounting the Future Copyright ? 2007 Pearson Addison-Wesley. All rights reserved. 4-* Simple Present Value Copyright ? 2007 Pearson Addison-Wesley. All rights reserved. 4-* Four Types of Credit Market Instruments Simple Loan Fixed