Introduction to Discounted Cash Flow Analysis and Financial Functions in Excel

The financial and economic analysis of investment projects is typically carried out using the technique of discounted cash flow (DCF) analysis. This module introduces concepts of discounting and DCF analysis for the derivation of project performance criteria such as net present value (NPV), internal rate of return (IRR) and benefit to cost (B/C) ratios. These concepts and criteria are introduced with respect to a simple example, for which calculations using MicroSoft Excel are demonstrated.

Les mots font leurs besognes: Informe as high-low hybridity on board the Ville-de-Montereau

This article links Flaubert's L'Education sentimentale and the aesthetic project of which it is a part to Bataille's concept of 'informe', and associated notions of hybridity and materiality.