Assume you are the CEO of a large multinational corporation and you are on a salary plus
Question:
Assume you are the CEO of a large multinational corporation and you are on a salary plus a compensation scheme for an increased shareprice. Over the next three years the share price is expected to rise substantially and your compensation in the form of bonuses are as follows:
Year Bonus
1 $176143.00
2 $763210.00
3 $482324.00
What is the present value of receiving these income bonuses given the discount rate is 10.18%?
Work to two decimal places and do not include a $ sign.
Assume you are the CEO of a large multinational corporation and you are on a salary plus a compensation scheme for an increased shareprice. Over the next three years the share price is expected to rise substantially and your compensation in the form of bonuses are as follows:
Year Bonus
1 $176143.00
2 $763210.00
3 $482324.00
What is the present value of receiving these income bonuses given the discount rate is 10.18%?
Work to two decimal places and do not include a $ sign.
International Business The Challenges of Globalization
ISBN: 978-0133063004
7th edition
Authors: John J. Wild, Kenneth L. Wild