Examine the pros and cons of a sinking fund from the viewpoint of both a firm and its bondholders.

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Part 3: At least a 100 words for the answers to both questions 

Examine the concept of time value of money in relation to corporate managers. Propose two (2) methods in which time value of money can help corporate managers in general.

Examine the pros and cons of a sinking fund from the viewpoint of both a firm and its bondholders. Determine the fundamental manner in which this knowledge could be helpful to a financial manager. Provide a rationale for your response.

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