An agent for a sports superstar shows two 4-year contract offers to his client. Option 1 provides $9 million at the end of the first year and increases $0.5 million each year afterwards. Option 2 provides $7.65 million at the end of the first year and increases $0.75 million each year afterwards. The superstar has access to investments that earn 5% annually. What is the present value for: Option 1 Option 2 Round your answers to the nearest whole million dollars. ie. $24 for $24,200,000.