principle of finance 12
Create a personal scenario that exemplifies the time value of money that includes the opportunity cost involved.
Describe one (1) real-life example that shows the manner in which a person can use an annuity for retirement planning.
Suppose you were given an opportunity to own a business of your choosing. First, briefly describe your business; then explain the most efficient way to raise capital to either start or expand your business. Provide support for your response.
Determine at least two (2) key advantages of equity financing compared to debt financing options. Provide a rationale for your response.