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You are considering a contract for a new job. You have two offers on the table right now. Once contract will pay you $100,000 as

You are considering a contract for a new job. You have two offers on the table right now. Once contract will pay you $100,000 as a signing bonus with annual salary of $50,000 (assume paid at the end of the year) for 5 years. The second job offers no signing bonus but would pay a salary of $75,000 each year for 5 years. Which contract would you choose if your required return is 6%

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