1. Time Value of Money is foundational to building wealth. Briefly describe the time value of money. In your discussion, incorporate the meaning of opportunity cost, present value and future value.
2. If I won the lottery and has no clue what to do with the money received. Do i take the lump sum or annuity payments, and Why?
3. How does a proposed corporate tax rate reduction impact your capital structure decisions in your opinion? Will you incur more debt or less? Why?