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David is an employee, who is retiring. He is given the optionto choose between receiving 12 annual $80,000 payments, startingfrom today, or receiving a lump

David is an employee, who is retiring. He is given the optionto choose between receiving 12 annual $80,000 payments, startingfrom today, or receiving a lump sum today. Knowing that he caninvest at 1 answer

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