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the value of koo using Lev and schwartz Economic model. b) Koo was employed by AYOO Limited on December 8, 2019. He was born on

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the value of koo using Lev and schwartz Economic model.

b) Koo was employed by AYOO Limited on December 8, 2019. He was born on December 8,1964 and will retire from the services of the company on December 8,2024 . This was carefully planned to give Koo a befitting birthday present. His basic monthly salarics are: - 2019: GH43,522.86; SODE 03 - 2020: GHc4,200.02; - 2021: GHc4.600.15; - 2022: GHC5,000.64; - 2023: GH5,344.56; and - 2024: GHc6,122.52. Assumed that the discount rate applicable to Koo in the company is 13% Required: Using the Lev and Schwartz Economic Model, what is the value of Koo? [10 marks]

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