After you have mastered the material in this chapter, you will be able to:
LO 10-1 | Explain the time value of money concept. |
LO 10-2 | Determine and interpret the net present value of an investment opportunity. |
LO 10-3 | Determine and interpret the internal rate of return of an investment opportunity. |
LO 10-4 | Evaluate investment opportunities using the payback method and the unadjusted rate of return. |