Question
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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Public Finance In Canada
Authors: Harvey Rosen, Beverly George Dahlby, Roger Smith, Jean-Francois Wen, Tracy Snoddon
3rd Canadian Edition
0070951659, 978-0070951655
