The present value of a single future sum: Select one: O a depends upon the number of discount periods. O b. increases as the discount rate increases. c. increases as the number of discount periods increases d. is generally larger than the future sum. The financial goal of a corporation is to Select one: O a. maximize the value of the firm for the shareholders O b. maximize profits. O c. maximize sales. O d. maximize managers' benefits. The time value of money is created by Select one: O a. the existence of profitable investment alternatives and interest rates. O b. the elimination of the opportunity cost as a consideration. O c. the fact that the value of saving money for tomorrow could be more or less than spending it today. O d. the fact that the passing of time increases the value of money. If you invest dollar 750 every six months at 8 percent compounded semi-annually, how much would you accumulate at the end of 10 years? Select one: a. 21,731 O b. 10,065 O c. 22,334 O d. 10,193