COMM 203 Lecture Notes - Lecture 1: The Province, Liquid Oxygen
Document Summary
Lo1 how to determine the future value of an investment made today. Lo2 how to determine the present value of cash to be received at a future date. Lo3 how to find the return on an investment and the time it takes for an investment to reach a desired value. It is also the process of determining the future value of an investment. The province of ontario gets to use the . 04 immediately. Thus, our answer does depend on who is making the promise to repay. As the province of ontario had an aa- credit rating in 2015 from s&p, we are very likely to see payment of the ,000. This rise is just a reflection of the time value of money. As time passes, the time until receipt of the grows shorter, and the present value rises. In the future, the price will probably be higher for the same reason.
