by Dan | Sep 24, 2019 | finance
What is the time value of money and why is it so important in finance? If you won the lottery for $10 million and you had the choice to take a lump sum or payments over 20 years, a. which option would you choose? Why? b. What questions do you need answered before you...
by Dan | Nov 30, 2018 | Main
You are the chief financial officer of a firm. The firm has an expected liability (cash outflow) of S2 million in ten years at a discount rate of 5%. Calculate the amount the firm would need on the present date as savings to cover the expected liability. Calculate the...
