Download Introducing To Finance PDF Free - Full Version
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About Introducing To Finance
The chapter introduces key concepts in finance including time value of money, risk, and valuation of assets and cash flows. It outlines four unifying principles of finance: no arbitrage opportunities, investor preferences, optimization, and market equilibrium. The opportunity cost of capital and present value are introduced as important tools for valuation. Financial markets are described as central to asset pricing and facilitating investment and financing decisions by households and firms.
Detailed Information
| Author: | ['juliancao'] |
|---|---|
| Publication Year: | 2009 |
| Pages: | 38 |
| Language: | English |
| Format: | |
| Price: | FREE |
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