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Davenport Incorporated offers a new employee a single-sum signing bonus at the date of employment. Aiternotively, the employee can receive $30.000 at the date of
Davenport Incorporated offers a new employee a single-sum signing bonus at the date of employment. Aiternotively, the employee can receive $30.000 at the date of employment and another $50,000 two years later. Assuming the employee's time value of money is 8% annualy, what single sum at the employment date would make her Indifferent between the two options? Note: Use tables, Excel, or a financial calculatoc. Round your final answer to the nearest whole dollar. (FV of S1. PV of S1, FVA of S1.PVA of S1. FVAD of S1 and PVAD of S1) Multiple Chaice 572867 560.000 56.009 562,867
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