Question
When retiring companies give options to the employees. Option A: Take 2 million today. Option B: Get 250,000 every end of 6 months for 5
When retiring companies give options to the employees.
Option A: Take 2 million today.
Option B: Get 250,000 every end of 6 months for 5 years where nominal rate of interest is 8% convertible semiannually.
Option C: Get 125,000 at the beginning of every quarter for 5 years where nominal rate of interest is 10% convertible quarterly.
Which option is best? and why?
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes
3rd Edition
0073382426, 9780073382425
