Question: Question 2 (2 points) PYG Corp. has offered you 2 different salary arrangements. Alternative 1: You will receive $70,000 per year for the next 3
Question 2 (2 points) PYG Corp. has offered you 2 different salary arrangements. Alternative 1: You will receive $70,000 per year for the next 3 years. Alternative 2: You will receive $90,000 per year for the next 2 years along with a $10,000 signing bonus today. The interest rate is 8% compounded semi-annually. Assume cash flow occurs at the end of the year. What is the present value for the worse alternative? OA) 174,366.98 B) 179,877.25 OC) 179,608.03 OD) 170,142.44 E) 169,960.22
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