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Question 7 2 pts A star quarterback just signed with a team that offered a contract that pays $10,000,000 today, $2,000,000 at the end of

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Question 7 2 pts A star quarterback just signed with a team that offered a contract that pays $10,000,000 today, $2,000,000 at the end of year 1, $4,000,000 at the end of year 2, and $5,000,000 at the end of year 3. If the discount rate is 7%, what is the present value of this compensation package? Question 8 2 pts An ordinary annuity has a present value of $17,000. What would be the present value if the first payment were not received until the end of year 14? Assume a cost of capital of 11%

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