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Discuss the importance of the various time value of money co

    Discuss the importance of the various time value of money concepts such as compounding (future value), discounting (present value) and annuities. Why are these concepts so powerful?Discuss a particular characteristic (or type) of bond. Also discuss valuing bonds and how interest rates affect their value. Consider the importance of the yield-to-maturity (YTM). Also discuss the various stocks (common stock, preferred stock) and why they are difficult to value.

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