How to get the finance question answer? Thank You!

James Smith, a professional athlete, currently has a contract that will pay him a large amount in the first year of his contract and smaller amounts thereafter. He and his agent have asked the team to restructure the contract. The team, though reluctant, obliged. James and his agent came up with a counteroffer. Year Current Contract Team's Offer Counteroffer $7,000,000 $3,430,000 $4,550,000 $3,000,000 $3,150,000 $6,210,000 3 $2,500,000 $3,550,000 $3,350,000 4 $1,500,000 $3,225,000 $2,310,000 (a) What is the present values of Current Contract using a 14 percent discount rate? (Round answer to 2 decimal places, e.g. 15.25. Do not round factor values.) Present valueCalculate effective annual interest rate [EAR] for the following investments. V {I} A. bank CD that pays 159 percent compounded quarterly. {Round answer to 2 decimal places, e.g. 15.25%.) Effective annual rate 'ii: Margaret Moore, a lottery winner, will receive the following payments over the next seven years. She has been approached by an investor who will pay Margaret a lump sum today For the rights to those future cash flows. If she can invest her cash flows in a fund that will earn 10.6 percent annually, how much should Margaret require the investor to pay for the cash flows? (Round answer to 2 decimal places, e.g. 15.25. Do not round factor values.) Year $2?4,000 $324,000 $349,000 $334,000 $424,000 $4?4,000 $624,000 Present value of invest-nent $