Question
A famous quarterback just signed a $40 million contract providing $8 million a year for 5 years. A less famous receiver signed a $36 million
A famous quarterback just signed a $40 million contract providing $8 million a year for 5 years. A less famous receiver signed a $36 million 5-year contract providing $16 million now and $4 million a year for 5 years. The interest rate is 8%. Who is better paid?
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Investing In Financial Research A Decision Making System For Better Results
Authors: Cheryl Strauss Einhorn, Tony Blair
1st Edition
1501732757, 9781501732751
