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Please submit your answer with your necessary modelling as a single Microsoft Excel spreadsheet Question 2: A musician has been offered a recording contract for
Please submit your answer with your necessary modelling as a single Microsoft Excel spreadsheet
Question 2: A musician has been offered a recording contract for the label. She can either have a 10,000 signing bonus now and then get 20,000 in Year 1, Year 2, and Year 3 (so a total of 70,000 across a three-year period) or get 60,000 upfront.
Which is the best deal assuming an R rate of 0.05?
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