The Time Value of Money
Christophe Thibierge and
Andrew Beresford
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Christophe Thibierge: ESCP Europe
Andrew Beresford: ESCP Europe
Chapter 2 in A Practical Guide to Corporate Finance, 2015, pp 47-73 from Palgrave Macmillan
Abstract:
Abstract What we take away from this scintillating dialogue is that money has a value that evolves over time. And what sums up this evolution is the interest rate, which is generally set through a meeting of capital seekers and capital providers.
Keywords: Interest Rate; Cash Flow; Yield Curve; Interest Payment; Bond Yield (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-49254-8_3
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DOI: 10.1057/9781137492548_3
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