上财CGA班中级财务会计FA2PS1课件Ch06ifrs.ppt

Basic Time Value Concepts Basic Time Value Concepts Basic Time Value Concepts Basic Time Value Concepts Basic Time Value Concepts Basic Time Value Concepts Basic Time Value Concepts Single-Sum Problems Single-Sum Problems Future Value of a Single Sum Future Value of a Single Sum Present Value of a Single Sum Present Value of a Single Sum Present Value of a Single Sum Present Value of a Single Sum Annuities Annuities Future Value of an Ordinary Annuity Future Value of an Ordinary Annuity Future Value of an Ordinary Annuity Future Value of an Ordinary Annuity Future Value of an Ordinary Annuity Annuities Future Value of an Annuity Due Future Value of an Annuity Due Future Value of an Annuity Due Future Value of an Annuity Due Future Value of an Annuity Due Future Value of an Annuity Due Annuities Present Value of an Ordinary Annuity Present Value of an Ordinary Annuity Present Value of an Ordinary Annuity Present Value of an Ordinary Annuity Annuities Present Value of an Annuity Due Present Value of an Annuity Due Present Value of an Annuity Due Present Value of an Annuity Due Present Value of an Annuity Due More Complex Situations More Complex Situations Valuation of Long-Term Bonds Valuation of Long-Term Bonds Valuation of Long-Term Bonds Valuation of Long-Term Bonds Valuation of Long-Term Bonds Present Value Measurement Present Value Measurement Present Value Measurement Copyright Illustration: Jaime Yuen wins $2,000,000 in the state lottery. She will be paid $100,000 at the end of each year for the next 20 years. How much has she actually won? Assume an appropriate interest rate of 8%. 0 1 Present Value What table do we use? 2 3 4 19 20 $100,000 100,000 100,000 100,000 100,000 . . . . . LO 7 Solve present value of ordinary and annuity due problems. 100,000 LO 7 Solve present value of ordinary and annuity due problems. $100,000 Receipts Factor Present Value x 9.81815 = $981,815 i=5% n=20 LO 7 Solve present value of ordinary and annuity due proble