I'm taking a beginner's finance course in college and my lecturer is a yank who can't explain anything worth shit. I try to follow the lecture but most of what he says is explained using dumb business lingo that's too advanced for the course so I don't understand much.
Where can I go to learn it properly? Tried Khan Academy, he doesn't have anything but the bare-bones basics
On our first class we had an exercise where we took the role of angel investors and had to pick how we invest our money and whom to give it to. On the paper some options said
>"x% of CF for 10 yrs then payback $1mm",
>"7 years 5% Personal Gtee",
>"10% equity 10% cash flow (royalty)"
What does half of that even mean? I know what CF is, but how does it differ from equity in this situation? Does the 'royalty' bit refer to royalties from sales (it was a bicycle company iirc)?
What's a required return and how does it differ from the interest rate?
We usually learn about compound vs simple interest where the bank gives you a fixed percentage but what is for example Euribor where the interest rate of a, say, student loan fluctuates depending on the market value or whatever?
Basically, pretend I'm retarded (inb4 'pretend'), and thanks in advance