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A footballer is about to sign a new four year contract. The contract is reported as being worth 6.0m, which is the total wages over

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A footballer is about to sign a new four year contract. The contract is reported as being worth 6.0m, which is the total wages over the period. Which of the following payment packages has the highest present value if the relevant interest rate is 3%? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a E1.5m now, lm after 1 year, Elm after 2 years, 1.3m after 3 years and the remainder after 4 years b 2.1m now, 1.5m after 2 years, 1.2m after 3 years and the remainder after 4 years 3.5m after 1 year, E1.2m after 2 years, E1.im after 3 years and the remainder after 4 years d All four payment packages have the same present value 1.5m now, Elm after 1 year, fram after 2 years, 0.5m after 3 years and the remainder after 4 years

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