Thursday, July 26, 2012

Introduction to finance

đã enrolll lớp này
https://class.coursera.org/introfinance-2012-001/lecture/index
và sẽ take note tất cả ra đây :D

insist on clear understanding
~~~~~~~~~~~~~~~~~~~~~~
Week1

Finance is the study of value, not money\
Money is just tool
Value creatation: 2 components: time & uncertainly
Will learn a framework
Finance = art + science

time value of money
decision criteria
bonds and stocks
uncertainty & risk

understand WHY they work the way they do

TVM
time value of money:

PV = present value
FV = future value
N :  number of period (#)
r = Interest rate (%) > 0

Book: theory of interest

love for example, is something that you can't put a dollar sign. That's why it's awesome

No comments: