! Required information [The following information applies to the questions displayed below.) Leslie participates in IBO's nonqualified deferred compensation plan. For 2020, she is deferring 10 percent of her $300.000 annual salary. Based on her deemed investment choice, Leslie expects to earn a 7 percent before tax rate of return on her deferred compensation, which she plans to receive in 10 years. Leslie's marginal tax rate in 2020 is 32 percent. IBO's marginal tax rate is 21 percent (ignore payroll taxes in your analysis) (Use Table 1.) (Do not round intermediate calculations, Round your final answer to the nearest whole dollar amount.) c. Assuming IBO's cost of capital is 8 percent after taxes, how much deferred compensation should IBO be willing to pay Leslie that would make it indifferent between paying 10 percent of Leslie's current salary or deferring it for 10 years? Answer is complete but not entirely correct. Delutte compensation 51,106 Future Value of 51 1.09 3.09 3.75 3.0 6.ON 7.05 1 2 3 103750 10761 1.11677 1.15805 1.20210 124758 129395 1.34247 5 7 3 9 10 11 12 11 14 15 101000 102010 1.03030 104060 105101 06152 107214 108286 109350 1.10462 1.11567 11203 118309 14147 116007 1.17258 11843 L11615 120811 1.22019 1.214 107000 104040 1.06121 108203 1.10408 1.12616 114060 1.17166 1.19500 121899 1.24337 126824 1.29361 13194 103000 10500 10 1.12551 1.15921 1.1905 1.22981 1.26677 1.39477 1,34392 1.38423 1.42575 146853 151290 1.55797 160471 104000 108160 1.12486 1 16986 1.21665 1.26512 1.31593 1.36857 142331 148024 150945 160103 156507 17316 100 1187290 1470 2012 2015 219112 2665 324140 104250 108581 1.17300 1.18115 1.23135 12860 133824 1.39511 145460 151621 158005 1640 1.71781 179017 15699 194633 2.02903 2,11529 22051 105000 1.10250 1.15760 121551 127128 134010 1.40710 147746 155133 162389 171034 1.79586 18565 07993 20783 2.17 2.29202 2.400 2.5225 2.65330 106000 1.12100 1.19102 1.25243 13323 141852 150062 1.59305 1640 1.2005 1.09800 201220 2.15293 226090 23456 107000 1.14090 1.22504 131000 1.402355 1.50013 1 60578 171819 1834 196715 2.10 2.21219 2.45 257853 2.79903 2.95216 1.44504 149923 155545 1617 167430 173709 110223 1361 19.90 20120 200315 251019 3014 16 17 18 19 20 SCORSZ LLEZ 137279 140024 142025 1.45081 148995 164061 161130 37 161653 1.70240 1.75351 1.80611 2017 2.4T 22 2830% 215434 102560 12014 423187 576349 SCOVE 14564 761726 4.17194 15.0N 10 11.09 12.0N Perlede 10.09 5.05 109000 10 1 2 10000 1.16640 12171 1.36049 115000 12250 16. 116000 1.250 1.48154 111000 123210 130763 1.51807 1600 COSES LINE 1.27 1.400 1.63947 13424 200195 1.20000 1.4000 1.72800 207360 2.43812 23.0 1000 156250 19510 20141 105116 10140 32 112000 125640 60493 57352 17624 12 221068 2496 27300 5 1 INSI CRICE 110000 121000 133100 146410 161051 17156 15472 2.145 2.35795 210314 205312 3.14 15327 1.74901 201136 231306 2.66002 30 25 167710 142804 256 2 RENSE 2.07616 230454 2004 23 115116 199000 2.152 S. 1.9541 215497 2.5022) 201210 125195 1707 423523 4817 54241 6.2015 10 11 236736 25000 2.65644 300104 17 1 43145 401 SWOT GBRT POST 46520 11.64153 155192 25 13 636349 743000 160 10.09 12.10 15 02 306 3.34173 27 707571 2273733 15 417725 5.65 3320 431040 471459 531009 Sao 6543 52114 1971 2067 7.900 17 22.18611 2.10002 10. 154 T. 1551115 11 2104 1057511 120 13 1712 . 1.041 8620 1510 466 505442 559 6115 6720 10.04 17.40 20 25 to 11230 2121054 16.15 12.0185 ORIES 292 SO9016 ENTER 1000266
