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(1 point) Bubba Jones has an offer to play pro football in the Arena League. Part of his contract calls for him to receive a

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(1 point) Bubba Jones has an offer to play pro football in the Arena League. Part of his contract calls for him to receive a signing bonus, payable as follows: $ 100,000 immediately, $70000 in two years, and $130000 in 6 years. What is the present value of the signing bonus, assuming annual 9.6% effective interest? Answer = $

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