What are the major components of time value of money and why is it considered to be one of the main pillars of finance? B. What do you understand by the Cost of Capital and the role of taxes for cost of debt? C. Why do you believe that net present value (NPV) is better than the other investment criteria? D. What is the difference between Annuity and Annuity Due? Elaborate your answer through time value of money? E. What is the major drawback with payback period?