ALLOCATINGRESOURCESOVERTIME幻灯片.pptVIP

CHAPTER 4: ALLOCATING RESOURCES OVER TIME;NOTE:;CHAPTER 4: ALLOCATING RESOURCES OVER TIME;INTRODUCTION: TIME VALUE OF MONEY (TVM);4.1 COMPOUNDING;GENERALIZING THE METHOD;EXAMPLE: FUTURE VALUE OF A LUMP SUM;VALUE OF INVESTING $1;FUTURE VALUE AND COMPOUND INTEREST;FUTURE VALUE OF A LUMP SUM;4.2 THE FREQUENCY OF COMPOUNDING;THE FREQUENCY OF COMPOUNDING;THE FREQUENCY OF COMPOUNDING;CREDIT CARD;THE FREQUENCY OF COMPOUNDING;THE FREQUENCY OF COMPOUNDING;THE FREQUENCY OF COMPOUNDING;THE FREQUENCY OF COMPOUNDING;THE FREQUENCY OF COMPOUNDING;4.3 PRESENT VALUE AND DISCOUNTING ;PRESENT VALUE OF A LUMP SUM;EXAMPLE: PRESENT VALUE OF A LUMP SUM;;4.4 ALTERNATIVE DISCOUNTED CASH FLOW DECISION RULES;QUESTION 1:;QUESTION 2:;4.5 MULTIPLE CASH FLOWS;TIME LINE;PRESENT VALUE OF MULTIPLE CASH FLOWS;4.6 ANNUITIES;CASH FLOW DIAGRAM OF ANNUITIES;ANNUITY FORMULA NOTATION;FV ANNUITY FORMULA AND PAYMENT(REG.);PV ANNUITY FORMULA AND PAYMENT(REG.);4.7 PERPETUAL ANNUITIES;4.8 LOAN AMORTIZATION;OUTSTANDING BALANCE AS A FUNCTION OF TIME;*;4.9 EXCHANGE RATES AND TIME VALUE OF MONEY;*;*;CONCLUSION;4.9.1 COMPUTING NPV IN DIFFERENT CURRENCIES;SOLUTION;SOLUTION;4.10 INFLATION AND DISCOUNTED CASH FLOW ANALYSIS;4.10.2 SAVING FOR COLLEGE:1;4.10.4 WHY DEBTORS GAIN FROM UNANTICIPATED INFLATION;INFLATION AND PRESENT VALUE;INFLATION AND SAVINGS PLANS;4.11 TAXES AND INVESTMENT DECISIONS;INVESTING IN TAX-EXEMPT BONDS