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2. A star quarterback just signed with a team that offered a contract that pays $10,000,000 today, $2,000,000 at the end of year 1, $3,000,000

2. A star quarterback just signed with a team that offered a contract that pays $10,000,000 today, $2,000,000 at the end of year 1, $3,000,000 at the end of year 2, and $6,000,000 at the end of year 3. If the discount rate is 6%, what is the present value of this compensation package?

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