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Quaker State incorporated offers a now employee two options. First, the employed can foceive a orie-time signing bonus ot the date of employment. Second, the
Quaker State incorporated offers a now employee two options. First, the employed can foceive a orie-time signing bonus ot the date of employment. Second, the employee can take $10,000 at the date of employment plus $25,000 at the end of each of his thrst three years of service. Assuming the employee's time value of money is 118 annually. what single payment in the first option would be equal to the total of the payments in the second option (EV of 51. PY of.51. EVA.of S1, and PVA of.11). (Use appropriate factor(s) from the tables provided.) Moltiple choice Nome of these answer choices are coerest $73,593 $85,530 $71.093
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