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Davenport Inc. offers a new employee a lump-sum signing bonus at the date of employment. Alternatively, the employee can take $34,000 at the date of

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Davenport Inc. offers a new employee a lump-sum signing bonus at the date of employment. Alternatively, the employee can take $34,000 at the date of employment and another $48,000 six years later. Assuming the employee's time value of money is 11% annually, what lump sum amount at the employment date would make her indifferent between the two options? E of 1, P of $1. FVA of $1, and PVA of $). (Use appropriate factor(s) from the tables provided.) O $66,178 O $32,500 $59,663 O $82,000

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