@@opentuition I just don’t understand why future cash flow needs to be discounted. For example, Is it essentially saying, if cash flow future value in year1 is at £1000 and there is a fixed interest rate of 10%, it has a present value (year 0) of approx £909 because £909 now would be worth £1000 in one year with 10% interest.
Fantastic lectures. Thank you for this invaluable information and succinct explanation of the topics.
Thank you very much for your comment :-)
Well explained sir 👍🏻
Thank you for your comment 🙂
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i will never understand this topic
Yes you will - perservere :-)
@@opentuition I just don’t understand why future cash flow needs to be discounted. For example, Is it essentially saying, if cash flow future value in year1 is at £1000 and there is a fixed interest rate of 10%, it has a present value (year 0) of approx £909 because £909 now would be worth £1000 in one year with 10% interest.