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j.edu/d2//le/content/8144052/viewContent/68337869/View Patrick Mahomes is ready to sign his new contract with Kansas City Chiefs. The team gave him three (3) options, and he asked you

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j.edu/d2//le/content/8144052/viewContent/68337869/View Patrick Mahomes is ready to sign his new contract with Kansas City Chiefs. The team gave him three (3) options, and he asked you to help him make the best decision. He knows that all payments will be made at the beginning of each season. Contract A The contract pays $30,000,000 per year for 10 years. Contract B The contract pays $20,000,000 for the first 3 years. After, it pays $40,000,000 for the following 4 years. For the last 3 years, the contract pays $70,000,000. Contract C The contract pays $75,000,000 for the first 2 years. After, it pays $20,000,000 for the following 5 years. For the last 3 years, the contract pays $10,000,000. You know that the market interest rate is 8%. What would you advise Patrick? Hint: build the timeline for each contract

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