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    Essential Financial Management – Fundamentals – Chapter 08: Discounted cash…
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    Essential Financial Management – Fundamentals – Chapter 08: Discounted cash flow – 2016-17

    By Rob Tully

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    This chapter covers:
    •The time value of money: compounding and discounting
    •Net present value (NPV) method of investment appraisal
    •Internal rate of return (IRR) method
    •Annuities and perpetuities
    •Layout of NPV calculations
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