Question: As payment for programming services your consulting company provided, a client offers you two choices: (1) $10,000 now or (2) a share in the company,

As payment for programming services your consulting company provided, a client offers you two choices: (1) $10,000 now or (2) a share in the company, which you are fairly sure, will be worth $15,500 four years from now. Using a discount factor of 10 percent, which offer should you choose?

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