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Question 3 0 / 1 pts Ted White has been sentenced to 8 months in prison. His value for the prison term is -$280,000 (that
Question 3 0 / 1 pts Ted White has been sentenced to 8 months in prison. His value for the prison term is -$280,000 (that is, negative 280K). However, his lawyer has delayed imprisonment for a year, so Ted will not begin to serve his sentence until one year from today. Ted's lawyer can delay the sentence two more years (a total of three years delay) if Ted can pay for more appeals. What is the most Ted should pay for another two years on the outside? Ted has a discount rate of 20%. $280,000 $71,000 $233,000 $ 162,000
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