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Assume that the Company pays the Executive an annual salary and a guaranteed bonus of $10,000, and reimburses his expenses. The guaranteed bonus increases each

Assume that the Company pays the Executive an annual salary and a guaranteed bonus of $10,000, and reimburses his expenses. The guaranteed bonus increases each year by 5 percent on a compounded basis. If you represented the Company, what would you suggest that the Company pay the Executive on termination for each of the scenarios in the excerpt? Not precise dollar amounts, but conceptually. What would you recommend if you represented the Executive?

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