Mubashir Ali is negotiating his employment contract. His opportunity cost is 14%. He has been offered three possible 4-year contracts. Payments are in Pakistani rupees and are guaranteed, and they would be made at the end of each year. Terms of each contract are as follows:

Contract	Year 1	Year 2	Year 3	Year 4
Contract 1	4 Million	4 Million	4 Million	4 Million
Contract 2	7 Million	1 Million	1 Million	1 Million
Contract 3	9 Million	0.5 Million	0.5 Million	0.5 Million

As his financial adviser, which contract would you recommend that he accept?