1. Net Present Value (NPV) uses valuations of present values of a stream of income to discount to todays dollars to compare to our investment today. Provide an analysis of the use of NPV within a corporation and prepare an example (with calculations) for how an organization would use NPV in a project decision.

2. Within professional sports contracts, contracts are often created to function similar to a bond where players will receive defined cash flows over time. Consider an NFL player (real or fabricated) and explain their contract in terms of TVM and provide an example to explain how these cash flows must be discounted to todays dollars.