{"product_id":"foundations-and-applications-of-the-time-value-of-money-hardcover","title":"Foundations and Applications of the Time Value of Money - Hardcover","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003ePamela Peterson Drake\u003c\/b\u003e (Author), \u003cb\u003eFrank J. Fabozzi\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eComprehensive coverage of the time value of money\u003c\/p\u003e \u003cp\u003eIn this book, authors Pamela Peterson Drake and Frank Fabozzi fully expand upon the type of time value of money (TVM) concepts usually presented as part of overviews given in other general finance books. Various TVM concepts and theories are discussed, with the authors offering many examples throughout each chapter that serve to reinforce the tools and techniques covered. Problems and detailed solutions-demonstrated using two different financial calculators, as well as Excel-are also provided at the end of each chapter, while glossary terms are provided in an appendix to familiarize you with basic terms.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eProvides the basic foundations of the time value of money\u003c\/li\u003e \u003cli\u003eCovers issues ranging from an introduction of financial mathematics to calculating present\/future values and understanding loan amortization\u003c\/li\u003e \u003cli\u003eContains problem\/solution sets throughout, so you can test your knowledge of the topics discussed\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eUnderstanding the time value of money is essential, and this reliable resource will help you gain a firm grasp of its many aspects and its real-world applications.\u003c\/p\u003e\u003ch3\u003eFront Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eUnderstanding financial transactions--whether involving investing, borrowing, or lending--requires an understanding of the time value of money (TVM), as well as the financial mathematics that go along with it. And while TVM is an essential aspect of finance, there aren't many resources that take the time to fully explain it.\u003c\/p\u003e \u003cp\u003eIn this book, the experienced author team of Pamela Peterson Drake and Frank Fabozzi fully expand upon the type of TVM concepts usually presented as part of an overview given in other general finance books. Throughout these pages, various TVM concepts and principles are discussed, with the authors offering examples in each chapter to reinforce the tools and techniques covered. Problems and detailed solutions--demonstrated using two different financial calculators, as well as Excel--are also provided at the end of each chapter, while glossary terms are included in an appendix, to familiarize you with basic terms.\u003c\/p\u003e \u003cp\u003eDivided into two comprehensive parts--The Basics of the Time Value of Money and A Few Applications--this comprehensive guide can help you analyze almost any financial transaction and evaluate cash flows to determine values at different points in time or returns on investments. Written with both the aspiring and experienced financial professional in mind, Foundations and Applications of the Time Value of Money: \u003c\/p\u003e \u003cul\u003e \u003cli\u003eDeals with the compounding and discounting of lump sums--translating single values through time\u003c\/li\u003e \u003cli\u003e \u003cp\u003eShows how valuing series of cash flows is a simple extension of discounting or compounding lump sums\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eDemonstrates how to calculate the annual percentage rate, the effective annual rate, and the internal rate of return for financial transactions\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eLooks at loans and how they may be amortized\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eFocuses on deferred annuities--which are typically used within the retirement arena--and other \"saving-for-future-spending\" scenarios in which there is more than one withdrawal of funds in the future\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eAddresses the valuation of stocks and bonds using TVM mathematics\u003c\/p\u003e \u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eRounding out this detailed discussion, Peterson Drake and Fabozzi examine the applications of the TVM mathematics with regard to: evaluating whether to get an MBA, deciding whether to lease or buy a car, and whether gold is a good investment. And while this is not a personal finance book, the authors chose examples that might interest you in immediately applying the techniques outlined here.\u003c\/p\u003e \u003cp\u003eMaking more informed financial decisions relies on a firm grasp of the time value of money. This book has the insights and advice needed to achieve such a goal.\u003c\/p\u003e\u003ch3\u003eBack Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eUnderstanding financial transactions--whether involving investing, borrowing, or lending--requires an understanding of the time value of money (TVM), as well as the financial mathematics that go along with it. And while TVM is an essential aspect of finance, there aren't many resources that take the time to fully explain it. \u003c\/p\u003e\u003cp\u003eIn this book, the experienced author team of Pamela Peterson Drake and Frank Fabozzi fully expand upon the type of TVM concepts usually presented as part of an overview given in other general finance books. Throughout these pages, various TVM concepts and principles are discussed, with the authors offering examples in each chapter to reinforce the tools and techniques covered. Problems and detailed solutions--demonstrated using two different financial calculators, as well as Excel--are also provided at the end of each chapter, while glossary terms are included in an appendix, to familiarize you with basic terms. \u003c\/p\u003e\u003cp\u003eDivided into two comprehensive parts--The Basics of the Time Value of Money and A Few Applications--this comprehensive guide can help you analyze almost any financial transaction and evaluate cash flows to determine values at different points in time or returns on investments. Written with both the aspiring and experienced financial professional in mind, \u003ci\u003eFoundations and Applications of the Time Value of Money\u003c\/i\u003e \u003c\/p\u003e\u003cul\u003e \u003cli\u003eDeals with the compounding and discounting of lump sums--translating single values through time\u003c\/li\u003e \u003cli\u003eShows how valuing series of cash flows is a simple extension of discounting or compounding lump sums\u003c\/li\u003e \u003cli\u003eDemonstrates how to calculate the annual percentage rate, the effective annual rate, and the internal rate of return for financial transactions\u003c\/li\u003e \u003cli\u003eLooks at loans and how they may be amortized\u003c\/li\u003e \u003cli\u003eFocuses on deferred annuities--which are typically used within the retirement arena--and other \"saving-for-future-spending\" scenarios in which there is more than one withdrawal of funds in the future\u003c\/li\u003e \u003cli\u003eAddresses the valuation of stocks and bonds using TVM mathematics\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eRounding out this detailed discussion, Peterson Drake and Fabozzi examine the applications of the TVM mathematics with regard to: evaluating whether to get an MBA, deciding whether to lease or buy a car, and whether gold is a good investment. And while this is not a personal finance book, the authors chose examples that might interest you in immediately applying the techniques outlined here. \u003c\/p\u003e\u003cp\u003eMaking more informed financial decisions relies on a firm grasp of the time value of money. This book has the insights and advice needed to achieve such a goal.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003ePAMELA PETERSON DRAKE, PHD, CFA, \u003c\/b\u003e is the J. Gray Ferguson Professor of Finance and Department Head of Finance and Business Law at James Madison University. Prior to joining James Madison University, she was an associate dean and professor of finance at Florida Atlantic University, and, previous to that, a professor at Florida State University. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eFRANK J. FABOZZI, PHD, CFA, CPA, \u003c\/b\u003e is Professor in the Practice of Finance and Becton Fellow at the Yale School of Management, Editor of the \u003ci\u003eJournal of Portfolio Management, \u003c\/i\u003e and Associate Editor of the \u003ci\u003eJournal of Structured Finance\u003c\/i\u003e and the \u003ci\u003eJournal of Fixed Income.\u003c\/i\u003e\u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 320\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 1.1 x 8.98 x 6.3 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e September 01, 2009\u003c\/div\u003e\n            ","brand":"BooksCloud","offers":[{"title":"Default Title","offer_id":45343480348774,"sku":"9780470407363","price":72.52,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0599\/7255\/0758\/files\/RnJEdThWcUJhQi90cldNVjY3eDgyQT09.webp?v=1774925252","url":"https:\/\/infinitylightwa.com\/products\/foundations-and-applications-of-the-time-value-of-money-hardcover","provider":"Infinity Light","version":"1.0","type":"link"}