This module aims to give you an understanding of a variety of investment appraisal techniques. In particular, the focus is on discounted cash flow techniques, namely Net Present Value (NPV). At the end of the presentation, you should have an idea how companies or even individuals decide whether or not to proceed with a capital purchase or investment appraisal project.
On completion of this online course, you will gain an understanding of:
- the concept of the ‘time value of money’
- compounding and what it involves
- what discounting entails
- Net Present Value
- Internal Rate of Return (IRR).