rk b Save Score: 0 of 1 pt 33 of 46 (33 complete) HW Score: 69.57%, 32 of 46 pts End of Chapter A.5 Question Help Before the 2019 National Football League season, the San Francisco 49ers football team signed linebacker Kwon Alexander to a contract that would pay him an immediate $1 million signing bonus and the following amounts $110 million for the 2019 season, $13.1 million for the 2020 season. $14.4 million for the 2021 season and $14.5 million for the 2022 season. Assume that Alexander receives each of his four seasonal salaries as a lump sum payment at the end of the year, Compensation Season (millions) now 51 2019 $11.0 2020 $13.1 2021 5144 $145 2022 Sources: Josh Dubow,"49ers Agree to $54M Deal with LB Kwon Alexander," apnew.com, March 11, 2019, the terms of the contract are from sportrac.com One news article described Alexander's contract as a four-year contract worth $54 million." Do you agree that 554 million was the value of this contract? Briefly explain Was the value of this contract equal to $54 milion cash in hand in 2019? Enter your answer in the answer box and then click Check Answer 1 par remaining AN Yoga Video Assign door o search o E CE 8 hop 9 5 R omework: Homework 6 Save more: 0 of 1 pt 33 of 46 (33 complete) HW Score: 69.57%, 32 of 46 pts End of Chapter A.5 Question Help 2021 $144 2022 $145 Sources: Josh Dubow, "hers Agree to $SAM Deal with LB Kwon Alexander," apnew.com, March 11, 2013, the terms of the contract are from sportra.com One news article described Alexander's contract as a four-year contract worth $54 million." Do you agree that $54 million was the value of this contract? Beliefly explain Was the value of this contract equal to $54 million cash in hand in 20 n 20197 OA. No, because the payments are made at the end instead of the beginning of each year B. Yes, because $54 million is the total amount that will be paid out Yes, the timing of the payments allows the 554 million to be considered a present value No, because 554 milion is the sum of payments over the years, not the present value of the payments What was the present value of Alexander's contract at the time he signed it, assuming an interest rate of 15 percent smilion (Enter your response rounded to two decimal places 0 Enter your answer in the answer box and then click Check Answer 1 part remaining Yoga Video Assign.docx Search o LP 8 3 96 5 7 00 R T Y P G H K L ril
