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Morgan Stanley just offered you an annual salary of $41,000, $44,000, and $46,000 a year for the next three years, respectively. All salary payments are
Morgan Stanley just offered you an annual salary of $41,000, $44,000, and $46,000 a year for the next three years, respectively. All salary payments are made as lump sum payments at the end of each year. The offer also includes a starting bonus of $3,000 payable immediately. What is this offer worth to you today at a discount rate of 6.75%? Choose the closest answer. A. 115,333 B. 320,900 C. 250,780 D. 117,833 E. 190,879
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