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Principles of Corporate Finance

Principles of Corporate Finance

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Published by: Kyotango on Mar 16, 2010
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04/21/2013

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Chapter 2
 Principles Principlesof of CorporateCorporateFinanceFinance
Ninth Edition
Present Value, TheObjectives of The Firm,and Corporate Governance
Slides byMatthew Will
Copyright © 2008 by The McGraw-Hill Companies, Inc. All rights
McGraw Hill/Irwin
 
Copyright © 2008 by The McGraw-Hill Companies, Inc. All rights
2- 2
McGraw Hill/Irwin
Topics Covered
Introduction to Present Value
Foundations of the Net Present ValueRule
Corporate Goals and CorporateGovernance
 
Copyright © 2008 by The McGraw-Hill Companies, Inc. All rights
2- 3
McGraw Hill/Irwin
Present and Future Value
Present ValueValue today of a future cashflow.Future ValueAmount to which aninvestment will growafter earning interest

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