Welcome and thank you for enrolling in this course! I think you will enjoy our time together!
For some, this may be your first online course. If you are not a computer whiz, dont worry. You
dont need to be. From a computer standp
Microsoft Excel as a Financial Calculator
Excel can be used for various mathematical calculations, especially the time value of money
calculations. There is more of a learning curve than a regular financial calculator, but it is much
more powerful. This t
Make four categories; Amount, Rate, Term, and Payment
Fill in amount, rate (decimal percentage), and Term (in months).
Enter in the excel payment equation =pmt( and fill in as below)
Your sheet should look like the one below
Make the following columns
Week Seven Notes
1. Closed End Investments Co. investment companies that sell a specific number of
shares and then the fund is closed to new investors. The money from the shares is
invested in common stocks, preferred shares and bonds (or som
Week Six Notes
Valuation of common stock
1. Two ways shareholders expect to get paid:
A. Growth in the share price;
B. Dividends paid out of the company earnings.
C. Companies dont pay all their earnings out in dividends, they retain divide
Week Five Notes
Quick Review about Money
Role of Money Acceptance as a means of payment.
What gives money value?
1. Scarcity - why is a $1 dollar bill worth less than a $20 bill? Less $20 bills in circulation and
in peoples pockets;
2. Legal tender the
Week Three Notes
In Week Three you have the Time Value of Money Project. Please be sure and look for and attend the
helps sessions. I am also available during office hours and by appointment. A teleconference can be
arranged if you are unable to come to t
Week Two Notes
Two types of exchanges: organized and unorganized.
1. New York (NYSE) An organized market for buying and selling of stock other
2. American Stock Exchange (AMEX) An organized market for buying and
selling of stock other tha
Week One Notes
Finance is the use and management of 4 scarce resources.
1. Four scarce resources ever business has:
A. Land all gifts of nature;
B. Labor skills and talents of the workers;
C. Capital tools and equipment used in business;