In the reading, you learned of three primary aspects of the corporate finance function: capital budgeting, capital structure, and cash management. For this exercise, think of these three finance functions as they apply to your personal finance and financial goals for yourself, and for your family (if applicable to you). In reading about these functions, think of yourself as a business. We are not concerned with identifying your type of business, but primarily how do these three aspects of finance apply to you and what can you learn from them in terms of your personal financial planning, goals, and objectives. In terms of long-term, how does the capital budget function apply to you, what projects may you be looking at and how might you finance them? In terms of capital structure, review your debt to equity position and evaluate this in terms of financial goals and objectives. In terms of short-term cash and cash equivalent management, how does this relate to you and how can you apply this to your personal financial goals?

How do market interest rates impact your planning for short and long-term financial goals?

For this exercise, in thinking about the three finance aspects as they relate to your financial planning, please reveal what you are comfortable with; you dont need to divulge financial data that you are not willing to share. However, try to be as specific as you can in addressing these questions. Prepare a short (2 to 3 minute) recording or video with your thoughts on this topic and how you can apply the three key finance functions to your personal financial planning, goals, and objectives.