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Full-Text Articles in Business
Time Value Of Money: An Introduction, Alexander Núñez-Torres
Time Value Of Money: An Introduction, Alexander Núñez-Torres
Open Educational Resources
This lecture introduces the time value of money concept. It discusses the present value of a cash flow and how to discount it, the future value of a cash flow and how to compound it. Finally, it discusses three rules for valuing cash flows.
Introduction To Financial Statement Analysis, Alexander Núñez-Torres
Introduction To Financial Statement Analysis, Alexander Núñez-Torres
Open Educational Resources
This lecture discusses why the disclosure of financial information through financial statements is critical to investors. The function of the balance sheet, income statement, cash flows and statement of stockholder’s equity will be discussed. It discusses financial statement analyses through ratios and financial reporting in finance.
Corporate Finance And Financial Management, Alexander Núñez-Torres
Corporate Finance And Financial Management, Alexander Núñez-Torres
Open Educational Resources
This lecture discusses the importance of financial information in both individuals personal and business lives. It includes description of the important features of the four main types of firms. Then, discusses the three main types of decisions a financial manager makes. Finally, it discusses the tax implications for the different corporate entities.
Fundamentals Of Stock Valuation, Alexander Núñez-Torres
Fundamentals Of Stock Valuation, Alexander Núñez-Torres
Open Educational Resources
This lecture describes the basics of common stock, preferred stock, and stock quotes; describes a tradeoff between dividends and growth in stock valuation. Finally, discusses how to value a stock as the present value of the company’s total payout.
Valuing Cash Flows Streams, Alexander Núñez-Torres
Valuing Cash Flows Streams, Alexander Núñez-Torres
Open Educational Resources
This lecture discusses how to value a series of cash flows such as perpetuities, annuities, growing perpetuities and growing annuities. Additionally, it discusses how to solve for variables other than present value or future value of cash flows.
Risk And Return, Alexander Núñez-Torres
Risk And Return, Alexander Núñez-Torres
Open Educational Resources
What is risk? What is return? How are these two related? This lecture discusses the variables that determine the risk and return of stocks. Additionally, it describes the historical tradeoff between risk and return. Finally, it discusses diversification in stock portfolios.
Bonds, Alexander Núñez-Torres
Bonds, Alexander Núñez-Torres
Open Educational Resources
This lecture is about bonds. A bond is a debt investment in which an investor loans money to an entity (typically corporate or governmental) which borrows the funds for a defined period of time at a variable or fixed interest rate. It discusses the bond terminology, how to compute the price and yield of the different types of bonds. Additionally, it describes why bond prices change over time and how credit risk affects a corporate bond.
How To Make Investment Decisions, Alexander Núñez-Torres
How To Make Investment Decisions, Alexander Núñez-Torres
Open Educational Resources
This lecture is about making investment decisions. It discusses the net present value (NPV) rules, IRR and other alternative decision rules. Additionally, it discusses how to choose between projects, either mutually exclusive projects, projects with different lives or limited resources.