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Question 31 6 pts Bill Wilson's cousin, Luigi, also received a football contract offer with the following terms: Signing Bonus: $500,000 $500,000 at the end

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Question 31 6 pts Bill Wilson's cousin, Luigi, also received a football contract offer with the following terms: Signing Bonus: $500,000 $500,000 at the end of year one $600,000 at the end of year two $750,000 at the end of year three $3,000,000 at the end of each year 4 - 10. Luigi assumes he can earn 3% annually over the life of the contract. What is the Present Value of this football contract> $18,821,641 $18,842,125 $19,321,641 $19,342,125

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