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Use the Following Information to Answer the Question(s)below

question 5

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Use the following information to answer the question(s) below.
Suppose that you have received two job offers.Rearden Metal offers you a contract for $75,000 per year for the next two years while Wyatt Oil offers you a contract for $90,000 per year for the next two years.Both jobs are equivalent.Suppose that Rearden Metal's contract is certain,but Wyatt Oil has a 60% chance of going bankrupt at the end of the year.In the event that Wyatt Oil files for bankruptcy,it will cancel your contract and pay you the lowest amount possible for you to not quit.If you do quit,you expect you could find a new job paying $75,000 per year,but you would be unemployed for four months while searching for this new job.
-Assuming your cost of capital is 6 percent,the present value of your expected wage if you accept Rearden Metal's offer is closest to:

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Definitions:

White Supremacy

The belief or ideology that white people are superior to those of other races and should therefore dominate society.

Immigration Restriction League

An early 20th century organization in the United States that advocated for the limitation of immigration, particularly from southern and eastern Europe.

Professionals

Individuals engaged in a profession who possess specialized knowledge, skills, and often a requirement for specific education or training.

Boston

A historic city in Massachusetts, United States, known for its significant role in the American Revolution.

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