1. Introduction
Section outline
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Welcome to "Time Value of Money"! This module takes us on a time travel with money and thereby covers one of the basic pillars of finance.
The main learning goals of this module are:
- Know how to make cash flows comparable over time.
- Get familiar with the basics of Compounding and Discounting (time traveling with money).
- Understand Present Values and Future Values.
- Be able to compute the present and future value of any cash flow or cash flow stream.
- Know how to handle perpetuities and annuities.