I will need 2 Responses to the following DB Posts – BUSN 320
Two (2) response posts ranging from 75-125 words
Posts to respond too are attached below
This weeks study ———–
DB : We use the time value of money in finance to help us value assets used business or investments made. What are the factors used in computing the present value of cash flows? In Leviticus 25 tells us how should one value the sale of land to others. In an initial post of 300 words or less, discuss how this parable relates to the time value of money this week.
Block, S.B.; Hirt, G.A. & Danielsen B.R. (2016). Foundations of Financial Management. New York: McGraw-Hill 16thEdition
Read: Block & Hirt, Chapters 7-10
Solution Preview
Time Value of Money
The Time Value of Money is aconceptionthat available cashat the current time is valued in excess ofthe same amount in the coming days following its probable earning capability. This fundamental dogmaof finance argue that the cashat hand can gain interest, any cash is valuable more the earlier it is obtained.
(502 words)