[Series 66] 3, Time Value of Money and Discounted Cash Flow

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: • The core principles of Time Value of Money, including Present Value and Future Value. • How Discounted Cash Flow analysis evaluates future cash streams for investment selection. • How to calculate and interpret Net Present Value in Series 66 exam scenarios. • The critical relationship between Net Present Value and the Internal Rate of Return. • A simple decision rule to evaluate investment options and avoid common exam traps. This independent study resource helps candidates prepare for the Series 66 exam. For more practice materials, visit https://open-exam-prep.com/practice/series66 or check out https://www.youtube.com/@Open-exam-prep . Sources checked: September 14, 2026 https://www.nasaa.org/wp-content/uploads/2023/02/Series-66-Outline-June-2023.pdf https://www.nasaa.org/wp-content/uploads/2023/09/NASAA-Series-66-Exam-Study-Guide.pdf