1. Are auction sites like eBay a viable a way to determine market prices? Does the value of an asset and the benefits from the asset depend on the entity making the decision, i.e., how much the asset is worth to a particular individual or corporation?

2. In which situations (if any) would you or a corporation accept a project where the costs are greater than the benefits?

3. A surprisingly large number of lottery winners find themselves in severe financial straits within a

few years of winning the lottery. Now that you have mastered the concept of the time value of money, what advice do you have for these now luckless individuals? Why do so many lottery winners end up deeply in debt?

4. The Internet has a number of articles on the "money value of time" What does this mean, and how is it related to the time value of money?