Return to question The four actors below have just signed a contract to star in a dramatic movie about relationships among hospital doctors. Fiming is expected to take two years to complete. Each person signs independent contracts today with the following terms Contract Terms Payment Date Contract Amount Derek Isabel $ 600,000 2 years 52 Meredith George 640,000 500,000 3 years 500,000 Required: Today 1 year 1-a. Assuming an annual discount rate of 9%, calculate the present value of the contract amount. (EV of $1 PV. of $1 EVA ut $1, and PVA of $1) 1-b. Which of the four actors is actually being paid the most? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req 1A Req 18 Assuming an annual discount rate of 9%, calculate the present value of the contract amount Note: Use tables, Excel, or a financial calculator Round your answers to 2 decimal places Present Value 368.650.201 >