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Business, 21.10.2020 16:01 cici86

Problem 5-35 Comparing Cash Flow Streams [LO 1] You’ve just joined the investment banking firm of Dewey, Cheatum, and Howe. They’ve offered you two different salary arrangements. You can have $8,200 per month for the next two years, or you can have $6,900 per month for the next two years, along with a $37,000 signing bonus today. Assume the interest rate is 6 percent compounded monthly. Requirement 1: If you take the first option, $8,200 per month for two years, what is the present value? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e. g., 32.16).) Present value $ 139912.93 Requirement 2: What is the present value of the second option?

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Problem 5-35 Comparing Cash Flow Streams [LO 1] You’ve just joined the investment banking firm of De...
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