Please answer with around 175 to 200 words and add the cited sources after each question. Regards
*Explain the concept of time value of money. How would you use this in personal financial planning such as borrowing or saving for the future?
*Compare the process of compounding to determine future values and the process of discounting to determine present values.
*Compare characteristics of corporate bonds and stocks. List three to five characteristics. What is the difference between common stock and preferred stock?
*How does a company utilize stocks and bonds in financing growth? Identify the major sources of external financing for companies.
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