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1. Suppose two athletes sign 10-year contracts for $80 million. In one case, we're told that the $80 million will be paid in 10 equal
1. Suppose two athletes sign 10-year contracts for $80 million. In one case, we're told that the $80 million will be paid in 10 equal installments. In the other case, we're told that the $80 million will be paid in 10 installments, but the installments will increase by 5 percent per year. Who got the better deal?
1. Suppose two athletes sign 10-year contracts for $80 million. In one case, we're told that the $80 million will be paid in 10
equal installments. In the other case, we're told that the $80 million will be paid in 10 installments, but the installments
will increase by 5 percent per year. Who got the better deal?
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Financial Management For Farmers And Rural Managers
Authors: Martyn Warren
4th Edition
0632048719, 9780632048717
