Time value of money : A dollar tomorrow is worth less than a dollar today, because one dollar today can be invested, yielding more than one dollar in the future. Because of the time value of money, a cash flow in the future must be discounted to the present to give its net present value. [...]
Entries from January 2007
Important investment terms and valuation principles
January 1st, 2007 · No Comments
Tags: Investment articles
