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famous quarterback just signed 11.2 million contract providing 2.8 million a year for four years and less famous receiver 9.4 million for your contract providing
famous quarterback just signed 11.2 million contract providing 2.8 million a year for four years and less famous receiver 9.4 million for your contract providing 3 million now and 2.3 million a year for four years the interest rate is 8%
a. What is the PV of the quarterback's contract? (Do not round intermediate decimal places.) Present value million b. What is the PV of the receiver's contract? (Do not round intermediate cald decimal places.) Present value million c. Who is better paid Step by Step Solution
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