财务管理-社团的财政讲义1英文版.pptVIP

Corporate Financial Theory Introduction Class Review Tests Homework Syllabus Web sites Supplements Goal of Finance Corporate Financial Theory Goal of Finance Maximize the value of the firm Time Value of Money Q: Which is greater? $100 today or $110 next year Time Value of Money Q: Which is greater? $100 today or $110 next year A: It Depends on Inflation. Time Value of Money Q: Which is greater? $100 today or $110 next year A: It Depends on Inflation. Ex. Bike Cost (today) = B0 = $100 Bike Cost (next year) = B1 = $110