Question: Use excel to solve Question 1 pts Your client was terminated today from his CEO position at State Avenue. Under the terms of his severance

Use excel to solve

Use excel to solve Question 1 pts Your client was
Question 1 pts Your client was terminated today from his CEO position at State Avenue. Under the terms of his severance agreement, he will receive a severance package consisting of a payment today of $2,200,000, and then annual payments of $500,000 each for 5 years, with the first of the payments occurring precisely. 4 years from today. If you use a discount rate of 3.91%, what is the present value (i.e., value as of today) of the settlement? Question 5 1 pts

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