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Recently, Lowell Baseball team signed jayson Fastball to a 15 year contract. The contract is for equal payments of $4.5 million each year for the

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Recently, Lowell Baseball team signed jayson Fastball to a 15 year contract. The contract is for equal payments of $4.5 million each year for the next 15 years. If you assume a 10 percent discount rate, what is the true value (i.e. PV) of this contract? $134 million $67,5 milion $85 million $143 million $97 million $34 million QUESTION 13 Recently, Lowell Baseball team signed jayson Fastball to a 15 year contract. The contract is for equal payments of $4.5 million each year for the next 15 years. If you assume a 10 percent discount rate, what is the future value of this contract? $34 milion $67.5 million $85 million $143 million $97 milion $34 milion

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