There’s an equation for that?

Jared McInelly, TMMBA Class 11

That was my first thought when Prof. Karpoff first wrote the equation for NPV (Net Present Value) on the whiteboard.  I was fascinated that there, right in front of me, was a way to calculate the present value, in today’s dollars, of a project that would last in to the future.  There was even a way to include the risk!

Finance has been one of my favorite classes so for in the TMMBA program.  The case studies were challenging yet interesting.  And the final exam was actually fun.  Being able to value a company using information from their income statement and balance sheet is cool.

And forevermore, whenever I see one of those hats with a propeller on top I’m going to think “CAPM.”