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Question 21 15 pts 21. A Famous quarterback signed a $15 million contract that pays him $3 million each year for 5 years beginning at
Question 21 15 pts 21. A Famous quarterback signed a $15 million contract that pays him $3 million each year for 5 years beginning at the end of this year. A less famous wide receiver signed a $14 million contract for 5 years that pays him $4 million now, and then $2 million each year for 5 years. Assuming an interest rate of 10% Answer the following 3 questions: 1. Who is receiving the better contract? 2. What is the value of the quarterback's contract? 3. What is the value of the wide receiver's contract
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