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Question 23 0.5 pts Janet is in contract negotiations with a publishing house for her new novel. She has two options: Option 1: she'll be

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Question 23 0.5 pts Janet is in contract negotiations with a publishing house for her new novel. She has two options: Option 1: she'll be paid $150,000 today, and receive an annual royalty payment per year for the next five years starting from next year until the end of the 5th year). Option 2: she'll receive 5300,000 today and no royalties afterwards. Assume the discount rate is 6%. Under which of the following annual royalty payment would she be willing to accept the 1st option rather than the 2nd option? $35.000 She'd be willing to take the 1st option under both $35.000 and 540.000 o 40.000 $29.000

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