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Question 9 (2 points) CRQ Corp. has offered you 2 different salary arrangements. Alternative 1: You will receive $55,000 per year for the next 3
Question 9 (2 points) CRQ Corp. has offered you 2 different salary arrangements. Alternative 1: You will receive $55,000 per year for the next 3 years. Alternative 2: You will receive $70,000 per year for the next 2 years along with a $10,000 signing bonus today. The interest rate is 6% compounded semi-annually. Assume cash flow occurs at the end of the year. What is the present value for the worse alternative? A) 128,651,64 B) 138,175.81 OC) 146,771.20 OD) 156,391.63 E) 146,645,55 Previous Page Next Page Page 9 of 14
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