(Present value of a complex stream) Don Draper has nigned a contract that will pay him 500,000 at the end of each yaar for the nex: 6 years, plin an adefitional 5100,000 at the end of year 6 . If 8 percent is the appropriade discoirt fate, what is the present valies of this contract? the gresent vale of the cortract is 1 (Roorid to thw mavest carti)