An executive is to receive a $1,500,000 signing bonus today, $2,500,000 one year from now, $2,750,000 two
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- An executive is to receive a $1,500,000 signing bonus today, $2,500,000 one year from now, $2,750,000 two years from now, and $3,200,000 three years from now. Assuming an annual discount rate of 12% and ignoring tax considerations, would the executive be better off receiving $7,500,000 today?
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