Whats the importance of time value of money for a financial


1. Should SOX-like provisions be put into place to monitor financial decisions within the federal government to ensure fraudulent behaviors do not occur. Why or Why not.

2. What’s the importance of time value of money for a financial manager.

3. Heather's interest and gains on investments for 2011 were as follows: Interest on Bland County school bonds $500 Interest on U.S. government bonds $600 Interest on a federal income tax refund $100 Gain on the sale of Bland County school bonds $400 What is Heather's gross income based on the above information?
$1,600
$1,500
$1,200
$1,100
None of the above

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Financial Management: Whats the importance of time value of money for a financial
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