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Your answer is partially correct. Under the terms of his salary agreement, president Henry Walters has an option of receiving either an immediate bonus

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Your answer is partially correct. Under the terms of his salary agreement, president Henry Walters has an option of receiving either an immediate bonus of $77,000, or a deferred bonus of $98,000 payable in 10 years. Click here to view factor tables Ignoring tax considerations and assuming a relevant interest rate of 4%, which form of settlement should Walters accept? Present value of deferred bonus $ 77000 Accent Rone...

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