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Afamous quarterback just signea a s12 MM contract providing SS MM per year for years. A less famous receiver signed a $10 MM, 5-year contract
Afamous quarterback just signea a s12 MM contract providing SS MM per year for years. A less famous receiver signed a $10 MM, 5-year contract providing $3.5 MM now and only $300,000 a year for 5 years. If interest rates are 10%, who is better paid on a PV basis ana by how much? show your work to get creait
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