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Ari inher. frist Quaker State Incorporated offers a new employee a single-sum signing bonus at the date of employment. Alternatively, the employee can receive $9,800

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Ari inher. frist Quaker State Incorporated offers a new employee a single-sum signing bonus at the date of employment. Alternatively, the employee can receive $9,800 at the date of employment plus $38,000 at the end of each of his first two years of service. Assuming the employee's time value of money is 10% annually, what lump sum at employment date would make him indifferent between the two options? Note: Use tables, Excel, or a financial calculator. Round your final answer to the nearest whole doller. (FV of $1. PV of \$1, FVA of \$1.PVA of \$1, EVAD of \$1 and PVAD of \$1) Multiple Choice $41,281 $75.750 $82345 None of the other answer cholces are correct

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