Introduction - The book, Creativity Inc. by Ed Catmull talks about overcoming the unseen forces
that stand in the way of true inspiration. It focuses on the best practices to increase creativity in
em
San Jos State University
BUS 260, Managerial Decision Analysis, Section 1, Fall, 2016
Students should re-download the most recent syllabus from Canvas on the first day of the class
Course and Contact
BUS2 260
Assignment 3
1.1. Your regular tennis partner has made a friendly wager with you. The two of you will
play out one point in which you can serve. The loser pays the winner $100. If your
first
i
Payof
0
1
2
3
4
5
6
7
8
9
10
11
12
-1000
90
90
90
90
90
90
90
90
90
90
90
90
10% Interest Rate
$23.71 NPV
0.14452148 IRR
This cash flow has the returns of 14%
0.5 can be any value from 0 to 1
-425
1
Week 1
A mortgage-backed security (MBS) is a type of asset-backed security that is secured by a
mortgage or collection of mortgages. The mortgages are sold to a group of individuals (a
government agen
Expected returns are based on the probabilities of possible outcomes
where pi is the probability associated with outcome Ri
Expected means average if the process is repeated many times
Realized ret
Stock price should equal the present value of all expected future cash flows to investors
Risk is reflected in the discount rates that investors use to discount future cash
flows
Problem:
Expected
Stocks and Bonds
Both provide long-term funding for the organization
Both are future funds that an investor must consider
Both have future periodic payments
Both can be purchased in a marketplace
FNCE 121
Financial Management
Fall 2013
Instructor:
Office:
Phone:
E-mail:
Course Web Page:
Office Hours:
Carrie Pan
316D Lucas Hall
551-7188
[email protected]
http:/angel.scu.edu
3:30pm 5:00pm on Wednesd
Present Value (PV) earlier money on a time line
Future Value (FV) later money on a time line
Interest rate exchange rate between earlier money and later money
Compound Interest
Interest earned on
Loan from a financial institution
Private debt
Less costly than issuing bonds
Primary financing channel for smaller firms due to cost consideration
Bonds
Public debt
Large firms depend on the b
Present Value (PV) earlier money on a time line
Future Value (FV) later money on a time line
Interest rate exchange rate between earlier money and later money
Compound Interest
Interest earned on
Loan from a financial institution
Private debt
Less costly than issuing bonds
Primary financing channel for smaller firms due to cost consideration
Bonds
Public debt
Large firms depend on the b
The book, Creativity Inc. by Ed Catmull talks about overcoming the unseen forces that
stand in the way of true inspiration. In Chapter 5 Honesty and Candor, the author emphasizes the
importance of bei