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Quaker State Inc. offers a new employee two options. First, the employee can receive a one-time signing tronus at the date of employment Second, the
Quaker State Inc. offers a new employee two options. First, the employee can receive a one-time signing tronus at the date of employment Second, the employee can take $7000 at the date of employment plus $28,000 at the end of each of his first four years of service Assuming the employees value of money is 7x annually, what single payment in the first option would be equal to the total of the payments in the second options pv. 1. EVA of S1, and PVA of 51. (Use appropriate factor(s) from the tables provided) Multiple Choice $105,842 $10LB42 $118.552 None of the choices are correct
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