September 2023 You have just joined the investment banking firm of Dewey Cheatum and Howe They ve offered you two different salary
2024 You have just joined the investment banking firm of Dewey, Cheatum, and Howe. They’ve offered you two different salary Assignment Help
You have just joined the investment banking firm of Dewey Cheatum and Howe They ve offered you two different salary 2023
You have just joined the investment banking firm of Dewey, Cheatum, and Howe. They’ve offered you two different salary arrangements. You can have $85,000 per year for the next two years, or you can have $74,000 per year for the next two years, along with a $30,000 signing bonus today. The bonus is paid immediately, and the salary is paid in equal amounts at the end of each month. If the interest rate is 9 percent compounded monthly, what is the PV for both the options? (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16)) Present Value of Option 1: Present Value of Option 2: