Write 300–400 words that respond to the following questions with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas.

Discuss debt and equity financing.

• How are they different?
• What is the Time Value of Money and how does it relate to valuation of bonds?
• Discuss bonds at par, premium, and discounted.
• What is the difference between the coupon rate and market rate?