Time Value of Money Please respond to the following:Examine the concept of time value of money in relation to corporate managers. Propose two (2) methods in which time value of money can help corporate managers in general.Examine the manner in which financial managers use an opportunity cost rate in discounted cash flow analysis and determine its position on a timeline. Propose a strategic method in which financial managers can use this rate to evaluate all potential investments.Discussion 2Bond Bond Valuation and the Interest Rates Please respond to the following:Examine the pros and cons of a sinking fund from the viewpoint of both a firm and its bondholders. Determine the fundamental manner in which this knowledge could be helpful to a financial manager. Provide a rationale for your response.* From the scenario and e-Activity recommend two (2) bonds that you believe TFC should invest in and provide a rationale for your recommendation.