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thank you for the help Suppose you are the agent for a baseball pitcher. Suppose he is offered the following contract by the New York

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Suppose you are the agent for a baseball pitcher. Suppose he is offered the following contract by the New York Yankees: a signing bonus of $5,000,000 (to b received immediately), a first year's salary of $8,000,000 (to be received one year from today), a second year's salary of $9,000,000 (to be received two years from today), and a third year's salary of $10,000,000 (to be received three years from today). Suppose he is also offered the following contract by the Atlanta Braves: a signing bonus of $8,000,000 (to be received immediately), a first year's salary of $7,500,000 (to be received one year from today), a second year's salary of $8,000,000 (to be received two years from today), and a third year's salary of $8,000,000 (to be received three years from today). If the discount rate is 5%, which contract offers the most monetary value to your client? New York Yankees Atlanta Braves

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