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plz do! need asap Davenport Incorporated offers a new employee two options. First, the employee can receive a one-time signing bonus at the date of

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Davenport Incorporated offers a new employee two options. First, the employee can receive a one-time signing bonus at the date of employment. Second, the employee can take $27,000 at the date of employment and another $53,000 two years later. Assuming the employee's expected return is 11% annually, what single payment in the first option would be equal to the total of the payments in the second option? (FV of $1, PV of $1. FVA of $1, and PVA of $1 ). (Use appropriate factor(s) from the tables provided.) Multiple Choice $70,016 $25,500 $74,914 $80,000

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