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Calculating Present Values In December 2020, the Milwaukee Bucks signed Giannis Antetokounmpo to a contract reportedly worth $228.2 million. Antetokounmpo's salary was to be paid
Calculating Present Values In December 2020, the Milwaukee Bucks signed Giannis Antetokounmpo to a contract reportedly worth $228.2 million. Antetokounmpo's salary was to be paid as $39,344,970 in 2022, $42,492,568 in 2023, $45,640,165 in 2024, $48,787,763 in 2025, and $51,935,360 in 2026. If the appropriate discount rate is Ill percent, what kind of deal did the forward dunk? Assume all payments are paid at the end of each year. *USING EXCEL*
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