1.If you are a financial adviser of a publicly traded company, would you recommend the management to adopt profit maximisation as the most appropriate goal of the company?Explain your reasoning.

2.What is time value of money? Describe a scenario to illustrate how the concept of time value of money that you learned in this unit could be useful to a decision maker in arriving at an optimal financial decision.For example, you could use any one specific experience or instance drawn from your own life or career, or a scenario in an article or a book you have read.