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follows: Contract 1$2,500,000$2,500,000$2,500,000$2,500,000 Contract 2$2,000,000$3,000,000$4,500,000$5,000,000 Contract 3$7,000,000$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
follows: Contract 1$2,500,000$2,500,000$2,500,000$2,500,000 Contract 2$2,000,000$3,000,000$4,500,000$5,000,000 Contract 3$7,000,000$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 gives the quarterback the highest future value; therefore, he should accept Contract 3. b. Contract 2 gives the quarterback the highest present value; therefore, he should accept Contract 2. c. Contract 1 gives the quarterback the highest future value; therefore, he should accept contract 1 . d. Contract 1 gives the quarterback the highest present value; therefore, he should accept contract 1 . e. Contract 3 gives the quarterback the highest present value; therefore, he should accept contract 3
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