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THIS QUESTION HAS TWO PARTS expect sam of its You may support the entry will be made Anar a retiring from and bring career, you
THIS QUESTION HAS TWO PARTS expect sam of its You may support the entry will be made Anar a retiring from and bring career, you would be to make a dematen to your storty Thiedener 2010 the school's endowment sed and the retuma pererated from the donation will support the way or a new professor in the busines acted in a perpetual basis. The university Part As You can make a donation today c) in the amount of $1,800,000. The first cash fow distribution from your donation to cover the professor's stay we take place in your att) Which of the following does the annual salary payment that can be made manet of your donation? OA $327273 OB 572,000 OC. $1.500.000 OD 599,000 Pat B) After further discussion, the university determines that the employment agreement with the new professor will call for annual salary increase of 2%. Given this new quirement, and assuming the first story distribution will occur one year from today, what is the starting stary ( t) that can be supported with your $1.800.000 donation? OA $63.000 OB $36.000 OC 3135.000 00 $100.550
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