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A rookie quarterback is negotiating his first NFL contract His opportunity cost is 8%. He has been offered three possible 4-year contracts. Payments are guaranteed,

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A rookie quarterback is negotiating his first NFL contract His opportunity cost is 8%. He has been offered three possible 4-year contracts. Payments are guaranteed, and they would be made at year. Terms of each contract ar : T 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 $6,500,000 $1,500,000 $1,500,000 $1,500,000 As his adviser, which contract would you recommend that he accept? Select the correct answer. a. Contract 3 oves the quarterback b. Contract 2 gives the Contract 3 gives the Contacto Contract 1 gives present value; therefore, he should accept Contract present value; therefore, he should accept Contract 2 future value therefore, he should accept

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