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What work would I show in this problem? Your company is offering you a Christmas bonus this year. You can choose between an immediate payment

What work would I show in this problem?

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Your company is offering you a Christmas bonus this year. You can choose between an immediate payment of $10,000, or a deferred bonus of $20,000 payable in 9 years. Assuming you require a return (interest rate) of 10%, which method of compensation should you accept and why

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