Time Value of Money and Fair Value Accounting: Concepts and Tools
Time Value of Money and Fair Value Accounting
Concepts and Tools
Dr Jae K Shim MBA, PHD
Professor of Business California State University, Long Beach and CEO Delta Consulting Company
© Jae K Shim 2012
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ISBN 978-1-906403-76-8
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Contents
Chapter 1 Time value of money and its applications
The Difference between the Principal Market and the Most Advantageous Market
The Three Levels of Fair Value Hierarchy
How Do You Calculate Future Values? – How Money Grows
Future-Value Difference between Ordinary Annuity and Annuity Due
What is Present Value – How Much Money is Worth Now?
Present Value of Mixed Streams of Cash Flows
Present-Value Difference between Ordinary Annuity and Annuity Due
Future Value of a Deferred Annuity