principle of finance
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.
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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. ;