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Edward recently was offered a position with a major accounting firm. The firm offered Edward either a signing bonus of $27000 payable on the first

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Edward recently was offered a position with a major accounting firm. The firm offered Edward either a signing bonus of $27000 payable on the first day of work or a signing bonus of $30000 payable after one year of employment. Assuming that the relevant interest rate is 11%, which option should Edward choose? The signing bonus of $30000 payable after one year of employment Insufficient information to determine. O The options are equivalent. The signing bonus of $27000 payable on the first day of work

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