Session 6: The Time Value of Money
In this session, I look at the intuition behind why money has time value and the mechanics of present value.
Slides: http://www.stern.nyu.edu/~adamodar/pd...
Post class test: http://www.stern.nyu.edu/~adamodar/pd...
Post class test solution: http://www.stern.nyu.edu/~adamodar/pd...
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