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Larry the Cucumber has been offered $14 million to star in the lead role of the next three Larry Boy adventure movies.If Larry takes this offer,he will have to forgo acting in other Veggie movies that would pay him $5 million at the end of each of the next three years.Assume Larry's personal cost of capital is 10% per year.
-The NPV of Larry's three-movie Larry Boy offer is closest to:
Expectancy Theory
A motivational theory suggesting that an individual's motivation is based on their expectation that effort will lead to performance and performance will lead to desired rewards.
Sales-Based Commissions
Sales-based commissions are payments made to employees based on the volume or value of sales they generate, typically a percentage of sales revenue.
Task Behaviour
The actions and activities an individual undertakes as part of their job responsibilities or duties.
Reward System
A structured set of incentives and criteria designed to motivate employees and improve their performance.
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