Question
You've been offered a new job--Congratulations! As part of the offer, you get to choose between two different compensation packages. 1). A flat $90,000 per
You've been offered a new job--Congratulations! As part of the offer, you get to choose between two different compensation packages.
1). A flat $90,000 per year paid monthly.
2). $77,000 per year paid monthly with a signing bonus of $20,000 today.
Assume your discount rate is 7% compounded monthly. What is the value of the highest paying option?
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Renewable Energy Finance Theory And Practice
Authors: Santosh Raikar, Seabron Adamson
1st Edition
0128164417, 9780128164419
