6. You have received a job offer with total compensation of $70,000 per year from amature company. You have also received a job offer to earn $90,000 per year from astart-up. You are willing to take either job, but you are concerned that the start-up willfail, and you will be unemployed with So compensation in two years. You estimate the|probability of being unemployed in two years as• 10% if you work for the mature company and• 50% if you work for the start-up.Which job offers you the highest expected compensation per year two years from now?How much would the start-up have to offer you now in order for the expected compensationto be the same for either job?(0.50 x 0) + (0.50 x offer) = $63,000Offer =

Here use given data about, startup and mature company

Answered: Which job offers you the highest…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Which job offers you the highest expected compensation per year two years from now? How much would the start-up have to offer you now in order for the expected compensation to be the same for either job? (0.50 x 0) + (0.50 x offer) = $63,000 Offer =