Review the material in chapter 4 on evaluating choices: time, risk, and value. what is time value of money? discuss how the expression "a bird in the hand is worth two in the bush" relate to the concept of the time value of money? or what do pro forma financial statements show? what are pro forma financial statements based on? what are the strategic benefits of making financial projections on pro forma statements? engage in a dialogue with your classmates on the above issues. you are expected to post to the discussion board and then rate at least three of your classmates’ posts.