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Submitted By leobogam

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Words 33587

Pages 135

Third Edition

CRAIG W. HOLDEN

Max Barney Faculty Fellow and Associate Professor Kelley School of Business Indiana University

Copyright © 2008 by Prentice Hall, Inc., Upper Saddle River, New Jersey 07458

To Kathryn, Diana, and Jimmy.

Contents iii

CONTENTS

Preface ..................................................................................... vii

Third Edition Changes .................................................................................... vii What Is Unique About This Book ..................................................................... x Conventions Used In This Book .......................................................................xi Craig’s Challenge ........................................................................................... xiii The Excel Modeling and Estimation Series .................................................. xiii Suggestions for Faculty Members ..................................................................xiv Acknowledgements ........................................................................................... xv

About The Author ................................................................. xvi

PART 1 TIME VALUE OF MONEY ..... 1

Chapter 1 Single Cash Flow ....................................................1

1.1 Present Value ............................................................................................... 1 1.2 Future Value ................................................................................................ 2 Problems .............................................................................................................. 3

Chapter 2 Annuity ...................................................................4

2.1 Present Value…...

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