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9. The soccer player Hristianel Messaldo has been offered three possible 4-year contracts by the soccer club Fenersaraytas. Payments are guaranteed, and they would be

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9. The soccer player Hristianel Messaldo has been offered three possible 4-year contracts by the soccer club Fenersaraytas. Payments are guaranteed, and they would be made at the end of each year. Terms of each contract are as follows: 1 2. 3 4 H + + Contract 1 $3,000,000 $3,000,000 $3,000,000 $3,000,000 Contract 2 $2,000,000 $3,000,000 $4,500,000 $5,500,000 Contract 3 $7,000,000 $1,000,000 $1,000,000 $1,000,000 Messaldo, who is ignorant about finance, wants to choose the contract that has the maximum value today. As his adviser, which contract would you recommend that Messaldo accept if his opportunity cost of return 7%? (8 points)

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