1 Define and Explain 1. (10 points) Why is the price of any asset equivalent to its present value? Explain I 2. (10 points) What are the main explanations to reveal that time matters regarding the value of money? 3. (10 points) Suppose company A has all its operation in Chilean pesos. It needs to finance a new building to continue growing, To carry out this, the company issues a bond in US dollars. Why might this bond be risky for the company that buys it