Poor Professional Sports Guy! The newspapers claim that he just signed a $28.5 million contract. He claims that this is not true in a present value sense and that he will really be making the following amounts for the next 5 years: Year Amount 0 (now) $ 5.5 million (Signing Bonus) 1 $ 4 million 2 $ 4 million 3 $ 4 million 4 $ 4 million 5 $ 7 million Assuming that he can make 7% APR on his investments, what is the present value of his contract? a. $12,829,655 b. $32,610,814 c. $24,039,749 d. $49,200,085