Preface.
About The Authors.
Introduction.
Part 1: The Basics Of The Time Value Of Money.
Chapter 1: The Value Of Compounding.
Compounding.
Calculator And Spreadsheet Solutions.
Frequency Of Compounding.
Chapter 2: Don't Discount Discounting.
Discounting.
Discounting More Than On Future Value.
Determining The Number Of Compounding Periods.
Chapter 3: Cash Happens.
Valuing A Stream Of Future Cash Flows.
Valuing A Perpetuity.
Annuities.
Chapter 4: Yielding For Yields.
Annualized Rates Of Interest.
Determining The Unknown Interest Rate.
Rules.
Part 2: A Few Applications.
Chapter 5: Loans: To Amortize Or Not To Amortize.
Amortizing A Loan.
Interest Rates On Loans.
Determining The Number Of Periods.
Variations On The Theme.
Chapter 6: Saving To Spend.
Valuing A Deferred Annuity.
Annuities With Annuities.
A Bit Of Realism.
Chapter 7: Values Tied To Bonds.
Bond Basics.
Calculating The Yield To Maturity.
Issues.
Chapter 8: Taking Stock.
What's In A Value? The Basics Of Stock Valuation.
Returns On Stocks.
Chapter 9: A Capital Idea.
The Net Present Value.
The Profitability Index.
The Internal Rate Of Return.
Chapter 10: Fact Or Fiction.
Fact Or Fiction: It Pays To Get An MBA.
Fact Or Fiction: Leasing A Car Accosts Less Than Buying A Car.
Fact Or Fiction: Gold Has Always Been A Good Investment.
Appendices.
Appendix A: Using Financial Calculators.
Preparing The Calculator.
The Basics.
Financial Functions.
Tips.
Troubleshooting.
Appendix B: Using Spreadsheets For Financial Calculations.
The Basics.
Time Value Of Money Functions.
Cash Flow Functions.
Other Useful Functions For Financial Mathematics.
Appendix C: Formulas.
Appendix D: Glossary.
Appendix E: Solutions To End-Of-Chapter Problems.
Index.
