QUANT - Time Value of Money [2026]

About this episode

This episode explores the Time Value of Money with a focus on practical applications for CFA Level I candidates.

Time Value of Money Deep Dive with Mara Ellington & Dorian Hayes. In this episode we turn abstract formulas into real decisions: Present value (PV) of bonds & equities from future cash flows Implied returns from today’s market prices Cash-flow additivity & the no-arbitrage mindset Forward rates, FX forwards & a first look at options Perfect for CFA Level I candidates reviewing Quant Methods, Chapter 1.

People in this episode

Guests: Mara Ellington, Dorian Hayes

Topics covered

• Time Value of Money
• Present Value
• Cash Flows
• Implied Returns
• Quant Methods
• CFA Level I

Keywords

• Time Value of Money
• Present Value
• Bonds
• Equities
• Cash Flow Additivity
• No-Arbitrage
• Forward Rates
• FX Forwards
• Options

Mentioned in this episode

Organizations: CFA

More episodes of Deep Dive: CFA® Level I Prep 2026

• QUANT - Estimation and Inference · January 26, 2026 · 11 min
• QUANT - Simulation Methods · January 21, 2026 · 11 min
• QUANT - Portfolio Mathematics [2026] · January 20, 2026 · 11 min
• QUANT - Probability Trees and Conditional Expectations [2026] · January 15, 2026 · 12 min
• QUANT - Statistical Measures of Asset Returns [2026] · January 10, 2026 · 11 min
• QUANT - Rates and Return [2026] · January 1, 2026 · 13 min