Instructions: Do not combine topics. Answer each number/letter separately. All answers must be at least five sentences. Label each answer individually. Include any references.
1) "Time Value of Money and Bond Valuation"
• Examine the concept of time value of money in relation to corporate managers. Propose two methods in which time value of money can help corporate managers in general.
• Examine the pros and cons of a sinking fund from the viewpoint of both a firm and its bondholders. Determine the fundamental manner in which this knowledge could be helpful to a financial manager. Provide a rationale for your response.
2) "Broken Promises"
• Think back on a time when a friend, colleague or business associate promised or agreed to do something but did not follow through. For example, did someone agree to sell you something but at the last minute changed the price, or perhaps someone agreed to perform a service, but then never did so? Create a summary that describes a situation where a promise was broken. Next, debate why the facts you presented did or did not meet the legal requirements for a contract. Justify your response.
3) "Don't Miss the Mark"
• Watch the following video: https://www.youtube.com/watch?v=lYX04wiMYmQ
• There are two very different target markets and sales forces discussed in the videos. Identify some of the key differences between the organizations' sales forces and target markets. Explain the value of developing a sales force based on the target market. Use examples from each video to support your response.