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2. Presented below are two unrelated situations. (5 points) Concord Company recently signed a lease for a new office building, for a lease period of
2. Presented below are two unrelated situations. (5 points) Concord Company recently signed a lease for a new office building, for a lease period of 8 years. Under the lease agreement, a security deposit of $25,000 is made, with the deposit to be retumed at the expiration of the lease, with interest c year. What amount will the company receive at the time the lease expires? A. B. 5 points) Under the tems of his salary agreement, president Al Hunt has an option of receiving either an immediate bonus of $100,000, or a deferred bonus of $150,000 payable in 5 years. Ignoring tax considerations and assuming a relevant interest rate of 6%, which form of settlement should Hunt accept? (Show your work, please!)
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