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Fabio is being offered a choice between a current bonus of $150,000 or a deferred bonus of $180,000 paid 4 years from now. Assume Fabio

Fabio is being offered a choice between a current bonus of $150,000 or a deferred bonus of $180,000 paid 4 years from now. Assume Fabio faces the following: Current MTR: 28% Expected future MTR: 26% Discount rate: 7% What is the after-tax PV of the current bonus offer? Round to the nearest whole dollar

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