So this chapter’s first task is to defineand explain net presentvalue, rate of return, and opportunity cost of capital.
因此本章的第一个任务就是定义和解释净现值、回报率和资本的机会成本。
2
Often used in capital budgeting, IRR is the interest rate that makes net presentvalue of all cash flow equal zero.
IRR经常用于资本预算，它是使得所有现金流动的净现值为零的利率。
3
Specific attention is given to presentvalue and capitalbudgeting, risk and asset pricing, financial analysis and forecasting, financial decisions and market efficiency, and capital structure.