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Mr. Mohammad Ali has received a job offer from a large investment bank as an accountant. His base salary will be $35,000 constant to date
Mr. Mohammad Ali has received a job offer from a large investment bank as an accountant. His base salary will be $35,000 constant to date of retirement. He will receive his first annual salary payment one year from the day he begins to work In addition, he will get an immediate $10,000 bonus for joining the company. Mr. Ali is expected to work for 25 years. What is the present value of the offer if the discount rate is 12 percent
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