Question 1 3.13 pts You are negotiating to buy the Jacksonville Jaguars. You see they have made an average of $2.7 million in profits per year. The interest rate is 4.5%. How much would you be willing to pay to purchase the Jaguars? $30,000,000 $720,000,000 $56,116,947 $60,000,000 Question 2 3.13 pts Mike Trout, the Angels' superstar outfielder, is looking to sign a contract extension with the team for 10 years. It would start today and Trout wants equal present value payments throughout the contract. With a real yearly interest (depreciation) rate of 5.5%, and if Trout is paid $25 million in Year 1, how much would he need to be paid in the 10th year to give it the same (expected) present value as the first year's salary? $14,635,764 $32,353,216 $42,703,611 None of the above