Joe Burrow, the number 1 draft pick of the NFL Cincinnati Bengals in 2020, and his agent are evaluating three contract options.

Each option offers a signing bonus and a series of payments over the life of the contract. Burrow uses a 10.25 percent rate of return to evaluate the contracts. Given the cash flows for each option—A, B, and C—as detailed in the table, which one should he choose?

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Year Cash Flow Option A Option B Option C 0 Signing Bonus $3,100,000 $4,000,000 $4,250,000 1 Annual Salary $ 650,000 $ 825,000 $550,000 2 Annual Salary $ 715,000 $850,000 $625,000 3 Annual Salary $ 822,250 4 Annual Salary $ 975,000 $925,000 $800,000 $1,250,000 $900,000 5 Annual Salary $1,100,000 $1,000,000 6 Annual Salary $1,250,000