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What is the present value of the package

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Reference no: EM133053797

Question - As a result of a slowdown in operations, Tradewind Stores Is offering employees who have been terminated a severance package of $100,000 cash pald today; $100,000 to be paid in one year; and an annuity of $34,000 to be paid each year for 9 years. What is the present value of the package assuming an Interest rate of 10 percent?

Reference no: EM133053797

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