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Did you know that concepts like Net Present Value (NPV) and Internal Rate of Return (IRR) are key tools for evaluating investment opportunities? The book highlights how dividend policies and share repurchase programs impact shareholder value.
The book progresses from basic financial ratios to advanced topics like discounted cash flow (DCF) analysis. It uses real-world case studies, contemporary data, and spreadsheet modeling to demonstrate calculations. For instance, understanding a company's cash flow is as vital as understanding its profit, akin to knowing how much water is actually in a bucket versus how much it *should* hold.
""Fund Math"" also connects to accounting, corporate strategy, and risk management, providing a holistic view of financial decision-making.
