Harry Hurler has been playing baseball since he was five years old and has always dreamed of playing in the big leapves. Last season, he was a starting pitcher for a double-A (AA)-level baseball team, the Yakima Hops; last year, he was the first nuner-up for the Minor League Player of the Year sward. Using his 96mph fastball, an impeccable curve ball and stider, and a reliable changeup pitch, he achieved a 16-3 win-loss record, an earned run average (CRA) of 2.98 , and 146 strikeouts in 117.0 innings pitched. He is also your best friend. Two weeks ago, on his three-year annversary wath the team, Harry recewed the following emal from his agent, 5teven Sign'em Now, indicating that he is being called up to the Boston Back Bay Bors, the Hops's corresponding Major League Baseball (MLB) team. Moreover, Harry's contract is being revised to reflect hes new status. The email describes the general terms and conditions of Harry's revised contract. Harry is so excited! According to Steven, the contract is worth $3,234,400-assuming recept of all possible bonuses. After tereading the emat twice and caling his tamily, Harry called you to review the terms of the contract and verily Steven's calculations. After an extended conversation about what he'll do with his newfound wealth, you and Harry have agreed that any funds recerved could be invested to earn 9.005, compounded monthly. Contract Ivaluation Worksheet Complete the following worksheet by inserting the appropnate vifues to evaluate the contract and answer the related questions. Noter To clanfy possble sources of contusion and simplify your calculations: Contract Evaluation Worksheet Complete the followng worksheet by inserting the approprate values to evaluate the contract and answer the related quections Notet To clarify possible sources of confusion and smplify vour calculations: - Assume that all bonuses are earned in each of the vears for which they are avadable and are poid at the end of the corresponding year(s), unless specifically stated differently. Their value should be based on the salary in eflect at the time the bonuses were earned. - The endorsement proceeds are paid in accordance with the terms of the deal. - Remember that the taming of a cash flow affects the interest rate that is used to discount the cash flow. For example, annual interest rates should be used to descount annual cash flows, and monthly interest rates are used to diveourt monthly cash flows, Therefore, it may be necessary to compute the approprate interest rate that should be used in a discounting calculation. - Round all dollar amounts to the nearest whole dollar and carry out all interest rate factors to four decimal places. - When entering intermediate values as answer chouces, be sure ro round them to the nearest dolfar, however when using those same values to calculate another ariswec, do not round