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35. Comparing Cash Flow Streams. You've just joined the investment banking firm of Dewey, Cheatum, and Howe. They've offered you two different salary arrangements. You

35. Comparing Cash Flow Streams. You've just joined the investment banking firm of Dewey, Cheatum, and Howe. They've offered you two different salary arrangements. You can have $6,700 per month for the next two years, or you can have $5,400 per month for the next two years, along witha $25,000 signing bonus today. If the interest rate is 7 percent compounded monthly, which do you prefer

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