9 Dovenport incorporated offers a new employee two options. First, the...
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Dovenport incorporated offers a new employee two options. First, the employee can receive a one-time signing bonus at the date of employment. Socond, the employee can take $29,000 at the date of employment and another $51,000 four years tatec. Assuming the employee's expected return is 92 annually, what single payment in the first optio would be equal to the total of the payments in the second option? (FV of S1, PY.o(S1. FVA of S1, and PVA of $1). (Use appropriate foctor(s) from the tables provided.) Multiple Choce 527,500 565130 571544 $80,000
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