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Quaker State Inc offers a new employee two options. First, the employee can receive a one time signing bonus at the date of employment Second,

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Quaker State Inc 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 $8.500 at the date of employment plus $29.000 at the end of each of his first five years of service Assuming the employee's time value of money is annually, what single payment in the first option would be equal to the total of the payments in the second option of $1. PV 51. EVA $1. and PVA 51 (Use appropriate factors) from the tables provided) Multiple Choice None of the choices are correct $19.681 $115,681 $138596

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