1. The Present Value of a lump sum future amount (Hint think about the PV equation!):
A) Is inversely related to Future Value
B) Can change depending on your mood
C) Decreases as the time period decreases
D) Increases as the interest rate increases
2. If a firm could maximize either its current price or its intrinsic value, what would shareholders as a group want managers to do? Why do you think so? Explain in 2-3 sentences.
3. What are the project management techniques used in a new product , process or service development ?