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111101011 P1111100 11. Sam Crosby is a professional hockey player who is considering two contract offers. Contract A will pay him $6 million at the
111101011 P1111100 11. Sam Crosby is a professional hockey player who is considering two contract offers. Contract A will pay him $6 million at the end of each of the next seven years. Contract B will pay him $5 million for the first three years and $7 million for the last four years. What is each contract's present value using an annual interest rate of 7%? Which contract is better
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