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You have just joined the investment banking firm of Danny, Chatman, and Howard. They have offered you two different salary arrangements. You can have $80,000 per year for the next two years, OR you can have $70,000 per year for the next two years, along with a $15,000 signing bonus today. The bonus is paid immediately, and the salary Is paid at the end of each year. If the market interest is 6 percent, which do you prefer? (numerical proof)

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