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A professional rugby league player is offered a bonus of $150 000 if he completes a five year playing contract with an NRL club. If

A professional rugby league player is offered a bonus of $150 000 if he completes a five year playing contract with an NRL club. If the rate of return is 7% per year, what is this bonus worth today?

$106 947.93

$210 382.76

$140 186.92

$130 000.00

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