Introduction Recall that the three pillars of finance are time value of money risk management asset valuation Many financial decisions are,in essence,the determination of an asset's value THE COURSE OF FINANCE 2017 SPRING SJTUIntroduction  Recall that the three pillars of finance are  time value of money  risk management  asset valuation  Many financial decisions are, in essence, the determination of an asset’s value THE COURSE OF FINANCE 2017 SPRING SJTU 4