Why is the time value of money so important to investing


1. Why is the time value of money so important to investing decisions? Provide an explanation.

2. If you had two projects with equal net present value results, what other factors would drive your decision one over the other? Provide an explanation.

3. Under what conditions will the return on equity on a project be equal to the IRR, estimated from cash flows to equity investors, on the same project?

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Financial Management: Why is the time value of money so important to investing
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