Mark is considering a job offer. The job offers an annual salary of $42,000, $45,000, and $48,000 a year for the next three years, respectively. The offer also includes a starting bonus of $1,000 payable immediately. What is this offer worth to Mark today at a discount rate of 5.5%?

Select one:

a. $122,609.14

b. $122,118.24

c. $122,333.33

d. $121,616,06

e. $121,866.67

2 ) All else equal, an increase in a firm's capital intensity ratio will decrease its external financing needed.

Select one:

a. FALSE

b. TRUE