Investitionsrechnung kompakt

Compact and clear, Peter Carstensen introduces all the important topics of investment calculation. After covering the financial mathematical foundations, the methods of dynamic investment calculation are presented, focusing on the net present value method. The calculation of the net present value is carried out using both cash flow series and a net present value formula. Using consistent examples, the three fundamental problems of investment calculation - profitability, selection, and optimal duration - are addressed. To base decisions on risk-laden data on a broader foundation, the author particularly relies on univariate approaches and simulation. All questions are examined with and without taxes on income and returns. The conclusion covers the methods of static investment calculation.