please answer these question , give the detail to me , thank you !

Question 1 5 Marks

a. Explain why Time Value of Money is important in Managerial Finance. (2.5 marks)

b. What does Principle 1 of finance suggest about investing a firms money?

(2.5 marks)

Question 2 5 Marks

Explain five reasons why a large company might want to raise long-term debenture finance through a private placement rather than through a public offering.

Question 3 5 Marks

You would like to have $75,000 in 15 years. To accumulate this amount, you plan to deposit each year an equal sum in the bank which will earn 8% interest compounded annually. Your first payment is at the end of the year.

a. How much must you deposit annually to accumulate this amount?

(2 marks)

b. At the end of 5 years, you will receive $20,000 and you intend to deposit this in the bank towards your goal of $75,000 at the end of 15 years. In addition to this deposit, how much must you deposit in equal payments annually for 15 years to reach your goal? (Assume you can earn 8% on this payment of

$20,000) (3 marks)