MGT2 CASE, SLP and Thread Discussion
Module 2 - Background
Present Value
Required Reading
One of the most common questions I get concerns "Where can I find the present value formula?". While almost all of the links in this Module include the formula, here is a link where the formula is presented very prominently:
Present Value/Rate of Return. Retrieved from http://www.moneychimp.com/articles/finworks/fmpresval.htm
However, do not just fixate on the formulas. While you need to know the formula for the assignments, you also need to understand the logic and intuition behind the formulas. The following links are important not only for the formulas but also to help you understand the material.
Time Value of Money: Self Paced Overview. (n.d.). Retrieved from: http://www.studyfinance.com/lessons/timevalue/index.mv
McCrary, Stuart A. (2010). Mastering Corporate Finance Essentials : The Critical Quantitative Methods and Tools in Finance, Wiley (read chapter 1)
Valuation of Money (2015) Pearson Learning Solution, New York
Optional Reading
Econedlink.org. Time Value of Money. Retrieved from http://www.econedlink.org/lessons/index.php?lid=37&type=educator
Present Value, Rate of Return and Opportunity Cost of Capital: Chapter 2 (n.d.). Retrieved from http://www.public.asu.edu/~atmxh/fin361/ch2.pdf