... Management Questions s affiliation Financial Management Questions DISCOUNTING Continue working at lazard frères Present value=15,000,000*PVIF8%, 11years
Move to the house of Rothschild group
Present value for 7 years=15,000,000*5.2064
Present value for the next five years=21,000,000*(7.5361-5.2064)
Total present value=78,096,000+48,923,700
He should move to Rothschild group since the amount of money he makes plus the bonus is higher tha...