Chapter 15 Investment,Time, and Capital Markets Chapter Outline >Stocks versus Flows >Present Discounted Value >The value of a Bond >The Net Present Value Criterion for Capital Investment Decisions >Adjustments for Risk >Investment Decisions by Consumers >Intertemporal Production Decisions- Depletable Resources >How Are Interest Rates Determined? Chapter 15 Investment, Time, and Capital Markets Chapter Outline ➢ Stocks versus Flows ➢ Present Discounted Value ➢ The value of a Bond ➢ The Net Present Value Criterion for Capital Investment Decisions ➢ Adjustments for Risk ➢ Investment Decisions by Consumers ➢ Intertemporal Production Decisions— Depletable Resources ➢ How Are Interest Rates Determined?