Slide MGT204 Slide04

4-1

Chapter Four

The Time Value
of Finance
Corporate
Ross Westerfield Jaffe
Money




4

Sixth Edition

Prepared by
Gady Jacoby
University of Manitoba
and

Sebouh Aintablian
American University of
Beirut
McGraw-Hill Ryerson

© 2003 McGraw–Hill Ryerson Limited

4-2

Chapter Outline
4.1 The One-Period Case
4.2 The Multiperiod Case
4.3 Compounding Periods
4.4 Simplifications
4.5 What Is a Firm Worth?
4.6 Summary and Conclusions

McGraw-Hill Ryerson

© 2003 McGraw–Hill Ryerson Limited