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Question 4 1 pts Value of Compensation Package. Sports News has been highlighting a rookie quarterback signing his first contract. The General Manager offered a

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Question 4 1 pts Value of Compensation Package. Sports News has been highlighting a rookie quarterback signing his first contract. The General Manager offered a choice of four- year contracts. One choice is a payment of $1.5 million at the end for each year for the four-year contract. Suppose you are a financial analyst asked to value the contract at a discount rate of 12%. You quickly calculate NPV for this series of equal cash flows and report the contract is worth approximately ------ (Hint: do not calculate FV) $7.5 million or $7,556.024.01 $5,500,000 $4.8 million or $4,754,798.17 $6 million or $6,000,000 $4.5 million or $4,556,024.02

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