FOX's contract with the Big Ten for half of the media rights to show college football and basketball games on their channels ends at the end of the 2022-2023 season and they are trying to decide whether to strike a new deal after the current one expires. After initial discussions, it seems that FOX would have to pay the Big Ten Conference $750,000,000 up front, and then $200,000,000 every year after that. The contract would last for 8 years. FOX's finance team estimates that the TV deal would bring in $400,000,000 in revenue every year. On top of that, FOX has insider information that the College Football Playoff will expand in the coming years, which will bring more attention to the Big Ten games. This means there will be an additional $100,000,000 of revenue generated each year in years 4-8. What would this contract be worth to FOX at the time of initial investment if their MARR is 20%? 35,450,000 O 75,430,000 29,550,000 190,500,000