FINC 331

Financial securities are this weeks topic. Securities refers to any financial instrument, but mostly means stocks and bonds for our purposes. An important concept in finance is how to value financial securities in the future so one can tell how much an investment is worth investing in today and to compare the values of different investments at different points in time. These concepts are referred to as the time value of money. Albert Einstein calls this concept one of the wonders of the world.

STUDY:

• Time value of money
• Future value
• Present value

READ:

1)Module 2: Financial Securities(Content Course ResourcesFinancial Securities Module and Read Commentary)

a)

2)Course Text :

(A PDF of the Boundless course textbook may also be found in Leo under Content > Syllabus)

a) Chapter 5: The Time Value of Money

3)read topics:

a) The Time Value of Money

b) Annuities,

c) Perpetuities

d) Future Value of Uneven Cash Flow,

1)TO DO:

• Participate in the Weekly Discussion
• Problem Set in Homework #3-My Tools/ Quizzes & Exams/ Finc 331 Homework Week 3
• Check out Alaina Mackin’s Power Point File. I It will help you!
• Quiz 1 (Material in weeks 1 & 2) in Assignments in LEO –My Tools/ Quizzes & Exams/ Finc 331 Quiz #1

Discussion

Actions for Money Calculators

How many of us would like to accumulate a cool million dollars by the time we retire? Money doesn’t buy happiness but it sure does pay the bills.

Go to the CNNMoney.com web site and play with the Millionaire calculator.

Enter your current savings, contribution, and average return and the result will indicate how long it will take for you to accumulate your first MILLION.

What do you notice about your current savings habits? Are they satisfactory? What is your opinion of the savings rate for Americans in general?

HRMN 395

Week 3: Core Elements of Non-monetary Rewards and Work Experience

Objectives:

After completing this week, you should be able to:

1. Name the most typically offered non-monetary rewards.

2. Describe the core elements of the work experiencerelevant to thetotal rewards approach.

3. Explain governmental compliance issues affecting benefits and benefits administration.

4. Demonstrate knowledge of demographic and psychographic differences of employees’ preferencesfor non-monetary rewards and work experience.

5. Describe therole ofnon-monetary rewardsand work experience in the broader total rewards approach to compensation managementand how the element’s strategic decisions are made.

Read:

Do:

Take the Self Assessment for Module 3.

Go to the discussion questions and post initial answers and value added responses to classmates by Sunday 11:59 p.m.
Discussions

Discussion #1

Of the perks you learned about in the readings for the week, which two were surprising to you? Select two from the various lists and share how you think offering the perks assist the organization in attracting, retaining and engaging their employees.

You don’t need to interact with another classmate.

Discussion #2

Select one benefit and compliance issue identified in Module 3 and share why you feel it is a potentially risky one of which all organizations need to be aware.

Use a minimum of onereference and interact with at least twoclassmates.