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Lecture
Principles of Finance: Balance Sheet and Time Value of Money
Description
This lecture covers the basics of finance, focusing on the balance sheet and income statement. It explains how to evaluate a firm's financial health using these statements. Additionally, it delves into the concept of time value of money, illustrating how money's worth changes over time due to interest rates. The lecture also discusses the law of one price and the implications of arbitrage opportunities in financial markets.
Official source
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