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Oakville Trucking just signed a $5.0 million contract. The contract calls for a payment of $1.25 million today, $1.75 million one year from today, and

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Oakville Trucking just signed a $5.0 million contract. The contract calls for a payment of $1.25 million today, $1.75 million one year from today, and $2.0 million two years from today. What is this contract worth today at a discount rate of 7.25 percent? $4,342,468.17 $4,923,275.74 $4,620,444.63 $4.341,851.15

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