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You've just taken a new job and are negotiating your salary compensation package. Your base salary is $61366 per year. In addition you can have a hiring bonus of $2429 today or take an increase in base salary of 1% today. (Not taking into account future raises) how much better off are you in present value terms by taking the increase in base pay if you plan to work for this firm for 10 years and you earn 3.7% compounded annually on your investments?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92775999

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